Nigeria shares lower at close of trade; NSE 30 down 0.86%

Investing.com – Nigeria equities were lower at the close on Tuesday, as losses in the Banking , Insurance and Food, Beverages & Tobacco sectors propelled shares lower.

At the close in Lagos, the NSE 30 declined 0.86% to hit a new 3-month low.

The biggest gainers of the session on the NSE 30 were Total Nig (LAGOS: TOTAL ), which rose 1.89% or 4.00 points to trade at 216.00 at the close. Access Bank (LAGOS: ACCESS ) added 0.47% or 0.05 points to end at 10.75 and Dangsugar (LAGOS: DANGSUG ) was up 0.30% or 0.05 points to 16.85 in late trade.

Biggest losers included Diamond Bank (LAGOS: DIAMONB ), which lost 5.11% or 0.070 points to trade at 1.300 in late trade. Guiness Nig (LAGOS: GUINNES ) declined 5.00% or 5.00 points to end at 95.00 and Stanbicibtc Hl (LAGOS: IBTC ) shed 4.95% or 2.35 points to 45.15.

Declining stocks outnumbered rising ones by 0 to 0 on the Lagos.

In commodities trading, Crude oil for July delivery was down 2.47% or 1.68 to $66.20 a barrel. Meanwhile, Brent oil for delivery in August fell 0.48% or 0.36 to hit $74.96 a barrel, while the June Gold Futures contract fell 0.15% or 2.00 to trade at $1301.70 a troy ounce.

EUR/NGN was down 0.91% to 415.850, while USD/NGN unchanged 0.00% to 361.000.

The US Dollar Index Futures was up 0.51% at 94.84.