Nigeria shares lower at close of trade; NSE 30 down 0.36%

  • Stock Market News
Nigeria shares lower at close of trade; NSE 30 down 0.36%
Credit: © Reuters. – Nigeria equities were lower at the close on Thursday, as losses in the Food, Beverages & Tobacco , Oil & Gas and Insurance sectors propelled shares lower.

At the close in Lagos, the NSE 30 fell 0.36%.

The biggest gainers of the session on the NSE 30 were Uacn Prop (LAGOS: UACN ), which rose 4.96% or 0.85 points to trade at 18.00 at the close. Union Bank LG (LAGOS: UBN ) added 3.08% or 0.20 points to end at 6.70 and Fbn Holdings (LAGOS: FBNH ) was up 1.63% or 0.200 points to 12.500 in late trade.

Biggest losers included Dangsugar (LAGOS: DANGSUG ), which lost 5.00% or 1.00 points to trade at 19.00 in late trade. Dangote Flour Mills PLC (LAGOS: DANGFLOUR ) declined 4.98% or 0.60 points to end at 11.45 and Pz Cussons LG (LAGOS: PZ ) shed 4.67% or 1.05 points to 21.45.

Declining stocks outnumbered rising ones by 50 to 40 and 9 ended unchanged on the Lagos.

In commodities trading, Crude oil for June delivery was up 0.38% or 0.26 to $68.19 a barrel. Meanwhile, Brent oil for delivery in July rose 0.49% or 0.36 to hit $73.72 a barrel, while the June Gold Futures contract rose 0.50% or 6.50 to trade at $1312.10 a troy ounce.

EUR/NGN was down 0.17% to 431.350, while USD/NGN fell 0.14% to 359.500.

The US Dollar Index Futures was down 0.27% at 92.34.

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