Nigeria shares lower at close of trade; NSE 30 down 0.79%

  • Stock Market News
Nigeria shares lower at close of trade; NSE 30 down 0.79%
Credit: © Reuters. – Nigeria equities were lower at the close on Thursday, as losses in the Oil & Gas , Banking and Food, Beverages & Tobacco sectors propelled shares lower.

At the close in Lagos, the NSE 30 fell 0.79%.

The biggest gainers of the session on the NSE 30 were Total Nig (LAGOS: TOTAL ), which rose 4.97% or 9.60 points to trade at 202.90 at the close. Fidelitybk (LAGOS: FIDELIT ) added 4.59% or 0.100 points to end at 2.280 and Union Bank LG (LAGOS: UBN ) was up 3.51% or 0.20 points to 5.80 in late trade.

Biggest losers included Unilever Nig (LAGOS: UNILEVE ), which lost 5.28% or 2.80 points to trade at 50.20 in late trade. Skye Bank (LAGOS: SKYEBAN ) declined 4.11% or 0.030 points to end at 0.700 and Wemabank (LAGOS: WEMABAN ) shed 4.05% or 0.030 points to 0.710.

Declining stocks outnumbered rising ones by 59 to 32 and 8 ended unchanged on the Lagos.

In commodities trading, Crude oil for August delivery was up 0.02% or 0.01 to $65.72 a barrel. Meanwhile, Brent oil for delivery in August fell 1.35% or 1.01 to hit $73.73 a barrel, while the August Gold Futures contract fell 0.28% or 3.60 to trade at $1270.90 a troy ounce.

EUR/NGN was down 0.19% to 415.390, while USD/NGN fell 0.14% to 361.000.

The US Dollar Index Futures was down 0.30% at 94.50.

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