Nigeria shares lower at close of trade; NSE 30 down 0.07%

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

At the close in Lagos, the NSE 30 declined 0.07%.

The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS: WEMABAN ), which rose 9.09% or 0.070 points to trade at 0.840 at the close. Skye Bank (LAGOS: SKYEBAN ) added 8.82% or 0.060 points to end at 0.740 and Stanbicibtc Hl (LAGOS: IBTC ) was up 3.41% or 1.65 points to 49.10 in late trade.

Biggest losers included Pz Cussons LG (LAGOS: PZ ), which lost 5.00% or 1.15 points to trade at 21.85 in late trade. Total Nig (LAGOS: TOTAL ) declined 4.41% or 10.30 points to end at 223.50 and Unilever Nig (LAGOS: UNILEVE ) shed 3.53% or 1.90 points to 53.00.

Declining stocks outnumbered rising ones by 57 to 32 and 18 ended unchanged on the Lagos.

In commodities trading, Crude oil for May delivery was up 0.06% or 0.04 to $66.86 a barrel. Meanwhile, Brent oil for delivery in June fell 0.31% or 0.22 to hit $71.84 a barrel, while the June Gold Futures contract fell 1.35% or 18.40 to trade at $1341.60 a troy ounce.

EUR/NGN was down 0.30% to 444.160, while USD/NGN rose 0.14% to 360.000.

The US Dollar Index Futures was up 0.26% at 89.45.