Nigeria shares lower at close of trade; NSE 30 down 0.54%

  • Stock Market News
Nigeria shares lower at close of trade; NSE 30 down 0.54%
Credit: © Reuters. – Nigeria equities were lower at the close on Friday, as losses in the Food, Beverages & Tobacco , Oil & Gas and Banking sectors propelled shares lower.

At the close in Lagos, the NSE 30 fell 0.54%.

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. Guaranty Bnk (LAGOS: GUARANT ) added 1.62% or 0.65 points to end at 40.65 and Wemabank (LAGOS: WEMABAN ) was up 1.41% or 0.010 points to 0.720 in late trade.

Biggest losers included Pz Cussons LG (LAGOS: PZ ), which lost 4.76% or 0.95 points to trade at 19.00 in late trade. Unilever Nig (LAGOS: UNILEVE ) declined 4.25% or 2.25 points to end at 51.70 and Wapco (LAGOS: WAPCO ) shed 2.50% or 1.00 points to 39.05.

Declining stocks outnumbered rising ones by 62 to 29 and 15 ended unchanged on the Lagos.

In commodities trading, Crude oil for August delivery was up 4.68% or 3.07 to $68.61 a barrel. Meanwhile, Brent oil for delivery in August rose 2.23% or 1.63 to hit $74.68 a barrel, while the August Gold Futures contract rose 0.02% or 0.30 to trade at $1270.80 a troy ounce.

EUR/NGN was up 0.90% to 419.140, while USD/NGN fell 0.28% to 360.000.

The US Dollar Index Futures was down 0.30% at 94.26.

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