Nigeria shares lower at close of trade; NSE 30 down 0.99%

  • Stock Market News
Nigeria shares lower at close of trade; NSE 30 down 0.99%
Credit: © Reuters. – Nigeria equities were lower at the close on Tuesday, as losses in the Banking , Oil & Gas and Food, Beverages & Tobacco sectors propelled shares lower.

At the close in Lagos, the NSE 30 declined 0.99%.

The biggest gainers of the session on the NSE 30 were Unilever Nig (LAGOS: UNILEVE ), which rose 4.76% or 2.50 points to trade at 52.50 at the close. Nig Brew (LAGOS: NB ) added 0.71% or 0.80 points to end at 112.60 and Stanbicibtc Hl (LAGOS: IBTC ) was up 0.10% or 0.05 points to 52.00 in late trade.

Biggest losers included Pz Cussons LG (LAGOS: PZ ), which lost 9.90% or 2.05 points to trade at 18.65 in late trade. Fidelitybk (LAGOS: FIDELIT ) declined 5.91% or 0.130 points to end at 2.080 and Skye Bank (LAGOS: SKYEBAN ) shed 4.35% or 0.030 points to 0.660.

Declining stocks outnumbered rising ones by 68 to 23 and 15 ended unchanged on the Lagos.

In commodities trading, Crude oil for August delivery was down 0.03% or 0.02 to $73.92 a barrel. Meanwhile, Brent oil for delivery in September rose 0.04% or 0.03 to hit $77.33 a barrel, while the August Gold Futures contract rose 1.06% or 13.20 to trade at $1254.90 a troy ounce.

EUR/NGN was up 0.04% to 419.290, while USD/NGN unchanged 0.00% to 360.500.

The US Dollar Index Futures was down 0.20% at 94.41.

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