Nigeria shares lower at close of trade; NSE 30 down 0.44%

  • Investing.com
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Nigeria shares lower at close of trade; NSE 30 down 0.44%
Credit: © Reuters.

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

At the close in Lagos, the NSE 30 lost 0.44%.

The biggest gainers of the session on the NSE 30 were Unilever Nig (LAGOS: UNILEVE ), which rose 5.23% or 2.25 points to trade at 45.25 at the close. Access Bank (LAGOS: ACCESS ) added 3.85% or 0.30 points to end at 8.10 and Fidelitybk (LAGOS: FIDELIT ) was up 2.44% or 0.040 points to 1.680 in late trade.

Biggest losers included Wemabank (LAGOS: WEMABAN ), which lost 5.00% or 0.030 points to trade at 0.570 in late trade. Dangote Flour Mills PLC (LAGOS: DANGFLOUR ) declined 4.61% or 0.35 points to end at 7.25 and Wapco (LAGOS: WAPCO ) shed 3.38% or 0.70 points to 20.00.

Declining stocks outnumbered rising ones by 54 to 30 and 15 ended unchanged on the Lagos.

In commodities trading, Crude oil for November delivery was down 0.36% or 0.25 to $68.52 a barrel. Meanwhile, Brent oil for delivery in November fell 0.22% or 0.17 to hit $77.92 a barrel, while the December Gold Futures contract rose 0.44% or 5.30 to trade at $1206.40 a troy ounce.

EUR/NGN was up 0.35% to 422.160, while USD/NGN fell 0.28% to 361.500.

The US Dollar Index Futures was down 0.49% at 94.04.

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