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

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

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

The biggest gainers of the session on the NSE 30 were Uacn Prop (LAGOS: UACN ), which rose 0.38% or 0.05 points to trade at 13.05 at the close. Stanbicibtc Hl (LAGOS: IBTC ) added 0.20% or 0.10 points to end at 50.00 and Guaranty Bnk (LAGOS: GUARANT ) was up 0.13% or 0.05 points to 39.05 in late trade.

Biggest losers included Skye Bank (LAGOS: SKYEBAN ), which lost 6.56% or 0.040 points to trade at 0.570 in late trade. Fbn Holdings (LAGOS: FBNH ) declined 4.52% or 0.450 points to end at 9.500 and Wapco (LAGOS: WAPCO ) shed 4.35% or 1.30 points to 28.60.

Declining stocks outnumbered rising ones by 50 to 33 and 22 ended unchanged on the Lagos.

In commodities trading, Crude oil for September delivery was unchanged 0.00% or 0.00 to $66.94 a barrel. Meanwhile, Brent oil for delivery in October fell 0.08% or 0.06 to hit $72.22 a barrel, while the December Gold Futures contract fell 0.10% or 1.20 to trade at $1219.80 a troy ounce.

EUR/NGN was down 0.15% to 419.690, while USD/NGN rose 0.07% to 360.500.

The US Dollar Index Futures was up 0.38% at 95.31.