Nigeria stocks higher at close of trade; NSE 30 up 0.73%

Nigeria stocks were higher after the close on Thursday, as gains in the Banking, Insurance and Food, Beverages & Tobacco sectors led shares higher.

At the close in Lagos, the NSE 30 added 0.73% to hit a new 6-months high.

The best performers of the session on the NSE 30 were Diamond Bank (LAGOS:DIAMONB), which rose 4.65% or 0.040 points to trade at 0.900 at the close. Meanwhile, Uacn Prop (LAGOS:UACN) added 4.54% or 0.65 points to end at 14.98 and Fbn Holdings (LAGOS:FBNH) was up 4.47% or 0.190 points to 4.440 in late trade.

The worst performers of the session were Pz Cussons LG (LAGOS:PZ), which fell 6.05% or 1.15 points to trade at 17.90 at the close. Access Bank (LAGOS:ACCESS) declined 2.01% or 0.15 points to end at 7.32 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) was down 1.68% or 0.07 points to 4.16.

Rising stocks outnumbered declining ones on the Lagos by 30 to 14 and 60 ended unchanged.

Shares in Fbn Holdings (LAGOS:FBNH) rose to 52-week highs; gaining 4.47% or 0.190 to 4.440.

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