Nigeria shares lower at close of trade; NSE 30 down 0.17%

  • Stock Market News
Nigeria shares lower at close of trade; NSE 30 down 0.17%
Credit: © Reuters. – Nigeria equities were lower at the close on Monday, as losses in the Banking , Insurance and Oil & Gas sectors propelled shares lower.

At the close in Lagos, the NSE 30 declined 0.17% to hit a new 6-month low.

The biggest gainers of the session on the NSE 30 were Uacn Prop (LAGOS: UACN ), which rose 7.69% or 1.00 points to trade at 12.90 at the close. Pz Cussons LG (LAGOS: PZ ) added 6.76% or 0.95 points to end at 15.00 and Total Nig (LAGOS: TOTAL ) was up 2.70% or 5.00 points to 190.00 in late trade.

Biggest losers included Wemabank (LAGOS: WEMABAN ), which lost 7.35% or 0.050 points to trade at 0.630 in late trade. Nestle Nig (LAGOS: NESTLE ) declined 4.87% or 76.00 points to end at 1484.00 and Guiness Nig (LAGOS: GUINNES ) shed 4.26% or 4.00 points to 90.00.

Declining stocks outnumbered rising ones by 64 to 28 and 9 ended unchanged on the Lagos.

In commodities trading, Crude oil for September delivery was down 2.50% or 1.69 to $65.94 a barrel. Meanwhile, Brent oil for delivery in October fell 1.88% or 1.37 to hit $71.44 a barrel, while the December Gold Futures contract fell 1.48% or 18.00 to trade at $1201.00 a troy ounce.

EUR/NGN was down 0.18% to 411.340, while USD/NGN rose 0.14% to 361.000.

The US Dollar Index Futures was up 0.04% at 96.23.

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