Nigeria shares lower at close of trade; NSE 30 down 0.77%

  • Stock Market News
Nigeria shares lower at close of trade; NSE 30 down 0.77%
Credit: © Reuters. – Nigeria equities were lower at the close on Tuesday, as losses in the Banking , Insurance and Oil & Gas sectors propelled shares lower.

At the close in Lagos, the NSE 30 declined 0.77%.

The biggest gainers of the session on the NSE 30 were Total Nig (LAGOS: TOTAL ), which rose 2.95% or 5.70 points to trade at 199.00 at the close. Dangote Flour Mills PLC (LAGOS: DANGFLOUR ) added 0.47% or 0.05 points to end at 10.60 and Nestle Nig (LAGOS: NESTLE ) was up 0.33% or 5.00 points to 1500.00 in late trade.

Biggest losers included Fidelitybk (LAGOS: FIDELIT ), which lost 4.85% or 0.110 points to trade at 2.160 in late trade. Union Bank LG (LAGOS: UBN ) declined 4.03% or 0.25 points to end at 5.90 and Pz Cussons LG (LAGOS: PZ ) shed 3.86% or 0.80 points to 19.95.

Declining stocks outnumbered rising ones by 66 to 26 and 10 ended unchanged on the Lagos.

In commodities trading, Crude oil for August delivery was down 1.55% or 1.02 to $64.67 a barrel. Meanwhile, Brent oil for delivery in August fell 0.35% or 0.26 to hit $75.08 a barrel, while the August Gold Futures contract fell 0.09% or 1.20 to trade at $1278.90 a troy ounce.

EUR/NGN was down 0.57% to 415.890, while USD/NGN unchanged 0.00% to 360.500.

The US Dollar Index Futures was up 0.29% at 94.68.

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