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 Insurance , Banking and Oil & Gas sectors propelled shares lower.

At the close in Lagos, the NSE 30 lost 0.77% to hit a new 1-month low.

The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS: WEMABAN ), which rose 1.35% or 0.010 points to trade at 0.750 at the close. Access Bank (LAGOS: ACCESS ) added 0.96% or 0.10 points to end at 10.50 and Unilever Nig (LAGOS: UNILEVE ) was up 0.29% or 0.15 points to 51.70 in late trade.

Biggest losers included Pz Cussons LG (LAGOS: PZ ), which lost 9.74% or 1.85 points to trade at 17.15 in late trade. Nestle Nig (LAGOS: NESTLE ) declined 6.66% or 99.90 points to end at 1400.10 and Wapco (LAGOS: WAPCO ) shed 5.92% or 2.25 points to 34.85.

Declining stocks outnumbered rising ones by 68 to 24 and 17 ended unchanged on the Lagos.

In commodities trading, Crude oil for August delivery was down 0.09% or 0.07 to $73.78 a barrel. Meanwhile, Brent oil for delivery in September rose 0.73% or 0.57 to hit $78.64 a barrel, while the August Gold Futures contract fell 0.35% or 4.40 to trade at $1255.20 a troy ounce.

EUR/NGN was down 0.59% to 421.340, while USD/NGN unchanged 0.00% to 360.000.

The US Dollar Index Futures was up 0.12% at 93.91.

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