Nigeria shares lower at close of trade; NSE 30 down 0.59%

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Nigeria shares lower at close of trade; NSE 30 down 0.59%
Credit: © Reuters.

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

At the close in Lagos, the NSE 30 lost 0.59%.

The biggest gainers of the session on the NSE 30 were Skye Bank (LAGOS: SKYEBAN ), which rose 9.09% or 0.070 points to trade at 0.840 at the close. Wemabank (LAGOS: WEMABAN ) added 8.22% or 0.060 points to end at 0.790 and Stanbicibtc Hl (LAGOS: IBTC ) was up 5.00% or 2.14 points to 44.94 in late trade.

Biggest losers included Zenithbank (LAGOS: ZENITHB ), which lost 5.30% or 1.75 points to trade at 31.26 in late trade. Dangote Flour Mills PLC (LAGOS: DANGFLOUR ) declined 4.44% or 0.75 points to end at 16.15 and Pz Cussons LG (LAGOS: PZ ) shed 1.29% or 0.30 points to 22.99.

Declining stocks outnumbered rising ones by 44 to 37 and 24 ended unchanged on the Lagos.

In commodities trading, Crude oil for February delivery was up 0.28% or 0.18 to $63.98 a barrel. Meanwhile, Brent oil for delivery in March rose 0.20% or 0.14 to hit $69.40 a barrel, while the February Gold Futures contract rose 0.69% or 9.10 to trade at $1331.60 a troy ounce.

EUR/NGN was up 1.23% to 435.870, while USD/NGN rose 0.14% to 360.500.

The US Dollar Index Futures was down 0.65% at 91.06.

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