Nigeria shares lower at close of trade; NSE 30 down 1.22%

  • Stock Market News
Nigeria shares lower at close of trade; NSE 30 down 1.22%
Credit: © Reuters. – Nigeria equities were lower at the close on Thursday, as losses in the Food, Beverages & Tobacco , Banking and Insurance sectors propelled shares lower.

At the close in Lagos, the NSE 30 lost 1.22% to hit a new 3-month low.

The biggest gainers of the session on the NSE 30 were Total Nig (LAGOS: TOTAL ), which rose 7.08% or 15.00 points to trade at 227.00 at the close. Uacn Prop (LAGOS: UACN ) added 2.41% or 0.35 points to end at 14.85 and Unilever Nig (LAGOS: UNILEVE ) was unchanged 0.00% or 0.00 points to 50.50 in late trade.

Biggest losers included Diamond Bank (LAGOS: DIAMONB ), which lost 8.28% or 0.130 points to trade at 1.440 in late trade. Pz Cussons LG (LAGOS: PZ ) declined 7.09% or 1.55 points to end at 20.30 and Fidelitybk (LAGOS: FIDELIT ) shed 5.50% or 0.120 points to 2.060.

Declining stocks outnumbered rising ones by 75 to 16 and 11 ended unchanged on the Lagos.

In commodities trading, Crude oil for July delivery was down 0.93% or 0.67 to $71.17 a barrel. Meanwhile, Brent oil for delivery in July fell 0.71% or 0.57 to hit $79.23 a barrel, while the June Gold Futures contract rose 1.12% or 14.50 to trade at $1304.10 a troy ounce.

EUR/NGN was up 0.05% to 421.930, while USD/NGN fell 0.14% to 360.500.

The US Dollar Index Futures was down 0.32% at 93.61.

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