Nigeria shares lower at close of trade; NSE 30 down 0.02%

  • Investing.com
  • Stock Market News
Nigeria shares lower at close of trade; NSE 30 down 0.02%
Credit: © Reuters.

Investing.com – Nigeria equities were lower at the close on Tuesday, as losses in the Banking , Insurance and Oil & Gas sectors propelled shares lower.

At the close in Lagos, the NSE 30 declined 0.02% to hit a new 3-month low.

The biggest gainers of the session on the NSE 30 were Wapco (LAGOS: WAPCO ), which rose 3.41% or 1.40 points to trade at 42.50 at the close. Dangsugar (LAGOS: DANGSUG ) added 2.56% or 0.55 points to end at 22.00 and Dangote Flour Mills PLC (LAGOS: DANGFLOUR ) was up 2.28% or 0.30 points to 13.45 in late trade.

Biggest losers included Wemabank (LAGOS: WEMABAN ), which lost 3.70% or 0.030 points to trade at 0.770 in late trade. Pz Cussons LG (LAGOS: PZ ) declined 4.90% or 1.15 points to end at 22.30 and Uacn Prop (LAGOS: UACN ) shed 4.41% or 0.75 points to 16.25.

Declining stocks outnumbered rising ones by 56 to 28 and 12 ended unchanged on the Lagos.

In commodities trading, Crude oil for May delivery was up 2.93% or 1.86 to $65.28 a barrel. Meanwhile, Brent oil for delivery in June rose 2.99% or 2.05 to hit $70.70 a barrel, while the June Gold Futures contract rose 0.24% or 3.20 to trade at $1343.30 a troy ounce.

EUR/NGN was up 0.42% to 443.700, while USD/NGN fell 0.14% to 360.000.

The US Dollar Index Futures was down 0.17% at 89.38.

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