Nigeria shares lower at close of trade; NSE 30 down 0.24%

  • Investing.com
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Nigeria shares lower at close of trade; NSE 30 down 0.24%
Credit: © Reuters.

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

At the close in Lagos, the NSE 30 declined 0.24%.

The biggest gainers of the session on the NSE 30 were Uacn Prop (LAGOS: UACN ), which rose 5.26% or 0.70 points to trade at 13.80 at the close. Unilever Nig (LAGOS: UNILEVE ) added 0.10% or 0.05 points to end at 51.90 and Nig Brew (LAGOS: NB ) was unchanged 0.00% or 0.00 points to 110.00 in late trade.

Biggest losers included Wemabank (LAGOS: WEMABAN ), which lost 10.00% or 0.070 points to trade at 0.630 in late trade. Pz Cussons LG (LAGOS: PZ ) declined 10.00% or 1.90 points to end at 17.10 and Wapco (LAGOS: WAPCO ) shed 9.33% or 3.50 points to 34.00.

Declining stocks outnumbered rising ones by 71 to 15 and 19 ended unchanged on the Lagos.

In commodities trading, Crude oil for September delivery was down 4.30% or 3.01 to $66.94 a barrel. Meanwhile, Brent oil for delivery in September fell 4.47% or 3.37 to hit $71.96 a barrel, while the August Gold Futures contract fell 0.16% or 2.00 to trade at $1239.20 a troy ounce.

EUR/NGN was up 0.57% to 357.670, while USD/NGN rose 0.28% to 361.500.

The US Dollar Index Futures was down 0.15% at 94.30.

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