Nigeria shares lower at close of trade; NSE 30 down 0.42%

  • Stock Market News
Nigeria shares lower at close of trade; NSE 30 down 0.42%
Credit: © Reuters. – Nigeria equities were lower at the close on Wednesday, as losses in the Food, Beverages & Tobacco , Banking and Insurance sectors propelled shares lower.

At the close in Lagos, the NSE 30 fell 0.42%.

The biggest gainers of the session on the NSE 30 were Total Nig (LAGOS: TOTAL ), which rose 4.97% or 9.60 points to trade at 202.90 at the close. Wemabank (LAGOS: WEMABAN ) added 2.78% or 0.020 points to end at 0.750 and Union Bank LG (LAGOS: UBN ) was up 1.64% or 0.10 points to 6.20 in late trade.

Biggest losers included Diamond Bank (LAGOS: DIAMONB ), which lost 5.00% or 0.080 points to trade at 1.540 in late trade. Pz Cussons LG (LAGOS: PZ ) declined 4.82% or 1.00 points to end at 19.75 and Skye Bank (LAGOS: SKYEBAN ) shed 3.95% or 0.030 points to 0.740.

Declining stocks outnumbered rising ones by 58 to 30 and 15 ended unchanged on the Lagos.

In commodities trading, Crude oil for July delivery was up 0.71% or 0.47 to $66.83 a barrel. Meanwhile, Brent oil for delivery in August rose 1.15% or 0.87 to hit $76.75 a barrel, while the August Gold Futures contract rose 0.18% or 2.40 to trade at $1301.80 a troy ounce.

EUR/NGN was down 0.20% to 423.440, while USD/NGN rose 0.14% to 361.000.

The US Dollar Index Futures was down 0.27% at 93.58.

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