Nigeria shares lower at close of trade; NSE 30 down 0.39%

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Nigeria shares lower at close of trade; NSE 30 down 0.39%
Credit: © Reuters.

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

At the close in Lagos, the NSE 30 lost 0.39%.

The biggest gainers of the session on the NSE 30 were Diamond Bank (LAGOS: DIAMONB ), which rose 4.73% or 0.070 points to trade at 1.550 at the close. Stanbicibtc Hl (LAGOS: IBTC ) added 1.98% or 0.95 points to end at 46.30 and Dangsugar (LAGOS: DANGSUG ) was up 1.35% or 0.25 points to 18.80 in late trade.

Biggest losers included Guiness Nig (LAGOS: GUINNES ), which lost 5.00% or 5.20 points to trade at 98.80 in late trade. Pz Cussons LG (LAGOS: PZ ) declined 4.81% or 1.05 points to end at 20.80 and Union Bank LG (LAGOS: UBN ) shed 4.69% or 0.30 points to 6.10.

Declining stocks outnumbered rising ones by 69 to 33 and 16 ended unchanged on the Lagos.

In commodities trading, Crude oil for June delivery was down 0.27% or 0.19 to $71.30 a barrel. Meanwhile, Brent oil for delivery in July fell 0.25% or 0.20 to hit $79.10 a barrel, while the June Gold Futures contract rose 0.18% or 2.30 to trade at $1291.70 a troy ounce.

EUR/NGN was down 0.10% to 424.130, while USD/NGN fell 0.14% to 360.500.

The US Dollar Index Futures was up 0.12% at 93.50.

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