Friday, Dec 4th 2020 11:13 PM
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Market Digest Nigeria

Business

Nigeria stocks higher at close of trade; NSE 30 up 1.32%

Nigeria stocks were higher after the close on Tuesday, as gains in the Banking, Oil & Gas and Food, Beverages & Tobacco sectors led shares higher.
At the close in Lagos, the NSE 30 gained 1.32% to hit a new 6-months high.
The best performers of the session on the NSE 30 were Access Bank (LAGOS:ACCESS), which rose 4.85% or 0.33 points to trade at 7.14 at the close. Meanwhile, Pz Cussons LG (LAGOS:PZ) added 4.67% or 0.70 points to end at 15.75 and Fidelitybk (LAGOS:FIDELIT) was up 4.60% or 0.040 points to 0.910 in late trade. The worst performers of the session were Dangsugar (LAGOS:DANGSUG), which fell 3.58% or 0.24 points to trade at 6.46 at the close. Total Nig (LAGOS:TOTAL) declined 2.35% or 6.00 points to end at 249.50 and Wapco (LAGOS:WAPCO) was down 2.22% or 1.10 points to 48.45.
Rising stocks outnumbered declining ones on the Lagos by 34 to 8 and 62 ended unchanged.Shares in Access Bank (LAGOS:ACCESS) rose to 52-week highs; gaining 4.85% or 0.33 to 7.14. Crude oil for June delivery was down 1.29% or 0.60 to $45.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 1.30% or 0.64 to hit $48.70 a barrel, while the June Gold Futures contract fell 0.95% or 11.64 to trade at $1215.46 a troy ounce.
EUR/NGN was down 0.37% to 342.960, while USD/NGN fell 1.33% to 314.750.
The US Dollar Index Futures was up 0.44% at 99.47.

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