Nigeria shares lower at close of trade; NSE 30 down 0.76%

  • Stock Market News
Nigeria shares lower at close of trade; NSE 30 down 0.76%
Credit: © Reuters. – Nigeria equities were lower at the close on Monday, as losses in the Banking , Food, Beverages & Tobacco and Insurance sectors propelled shares lower.

At the close in Lagos, the NSE 30 declined 0.76%.

The biggest gainers of the session on the NSE 30 were Skye Bank (LAGOS: SKYEBAN ), which rose 4.35% or 0.030 points to trade at 0.720 at the close. Guiness Nig (LAGOS: GUINNES ) added 1.33% or 1.30 points to end at 97.00 and Dangote Flour Mills PLC (LAGOS: DANGFLOUR ) was up 1.00% or 0.10 points to 10.10 in late trade.

Biggest losers included Pz Cussons LG (LAGOS: PZ ), which lost 5.80% or 1.20 points to trade at 19.50 in late trade. Wapco (LAGOS: WAPCO ) declined 5.62% or 2.30 points to end at 38.65 and Fidelitybk (LAGOS: FIDELIT ) shed 4.35% or 0.100 points to 2.190.

Declining stocks outnumbered rising ones by 66 to 31 and 19 ended unchanged on the Lagos.

In commodities trading, Crude oil for August delivery was down 0.04% or 0.03 to $74.12 a barrel. Meanwhile, Brent oil for delivery in September fell 1.67% or 1.32 to hit $77.91 a barrel, while the August Gold Futures contract fell 1.06% or 13.30 to trade at $1241.20 a troy ounce.

EUR/NGN was up 0.02% to 419.120, while USD/NGN rose 0.14% to 360.500.

The US Dollar Index Futures was up 0.63% at 94.82.

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