Nigeria shares lower at close of trade; NSE 30 down 0.27%

  • Stock Market News
Nigeria shares lower at close of trade; NSE 30 down 0.27%
Credit: © Reuters. – Nigeria equities were lower at the close on Wednesday, as losses in the Food, Beverages & Tobacco , Banking and Oil & Gas sectors propelled shares lower.

At the close in Lagos, the NSE 30 fell 0.27%.

The biggest gainers of the session on the NSE 30 were Total Nig (LAGOS: TOTAL ), which rose 7.92% or 17.60 points to trade at 239.80 at the close. Dangote Flour Mills PLC (LAGOS: DANGFLOUR ) added 3.48% or 0.40 points to end at 11.90 and Skye Bank (LAGOS: SKYEBAN ) was up 2.17% or 0.020 points to 0.890 in late trade.

Biggest losers included Unilever Nig (LAGOS: UNILEVE ), which lost 4.95% or 2.60 points to trade at 50.05 in late trade. Union Bank LG (LAGOS: UBN ) declined 3.73% or 0.25 points to end at 6.45 and Uacn Prop (LAGOS: UACN ) shed 3.33% or 0.60 points to 17.30.

Declining stocks outnumbered rising ones by 52 to 43 and 19 ended unchanged on the Lagos.

In commodities trading, Crude oil for June delivery was up 3.08% or 2.13 to $71.19 a barrel. Meanwhile, Brent oil for delivery in July rose 2.99% or 2.24 to hit $77.09 a barrel, while the June Gold Futures contract fell 0.03% or 0.40 to trade at $1313.30 a troy ounce.

EUR/NGN was down 0.03% to 427.510, while USD/NGN rose 0.14% to 360.500.

The US Dollar Index Futures was down 0.05% at 92.89.

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