Nigeria shares lower at close of trade; NSE 30 down 0.68%

  • Stock Market News
Nigeria shares lower at close of trade; NSE 30 down 0.68%
Credit: © Reuters. – Nigeria equities were lower at the close on Wednesday, as losses in the Banking , Food, Beverages & Tobacco and Oil & Gas sectors propelled shares lower.

At the close in Lagos, the NSE 30 lost 0.68%.

The biggest gainers of the session on the NSE 30 were Skye Bank (LAGOS: SKYEBAN ), which rose 2.25% or 0.020 points to trade at 0.850 at the close. Stanbicibtc Hl (LAGOS: IBTC ) added 1.13% or 0.55 points to end at 49.30 and Pz Cussons LG (LAGOS: PZ ) was up 0.87% or 0.20 points to 23.20 in late trade.

Biggest losers included Diamond Bank (LAGOS: DIAMONB ), which lost 7.34% or 0.160 points to trade at 2.020 in late trade. Unilever Nig (LAGOS: UNILEVE ) declined 4.93% or 2.85 points to end at 54.95 and Dangsugar (LAGOS: DANGSUG ) shed 4.93% or 1.10 points to 21.20.

Declining stocks outnumbered rising ones by 63 to 28 and 9 ended unchanged on the Lagos.

In commodities trading, Crude oil for April delivery was down 0.03% or 0.02 to $60.69 a barrel. Meanwhile, Brent oil for delivery in May fell 0.17% or 0.11 to hit $64.53 a barrel, while the April Gold Futures contract fell 0.14% or 1.90 to trade at $1325.20 a troy ounce.

EUR/NGN was up 0.35% to 446.320, while USD/NGN unchanged 0.00% to 360.000.

The US Dollar Index Futures was unchanged 0.00% at 89.70.

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