Nigeria shares lower at close of trade; NSE 30 down 1.40%
Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Food, Beverages & Tobacco , Banking and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 1.40%.
The biggest gainers of the session on the NSE 30 were Fidelitybk (LAGOS: FIDELIT ), which rose 4.62% or 0.110 points to trade at 2.490 at the close. Dangsugar (LAGOS: DANGSUG ) added 2.60% or 0.51 points to end at 19.96 and Total Nig (LAGOS: TOTAL ) was up 1.83% or 4.00 points to 223.00 in late trade.
Biggest losers included Nig Brew (LAGOS: NB ), which lost 4.26% or 5.96 points to trade at 134.02 in late trade. Pz Cussons LG (LAGOS: PZ ) declined 3.55% or 0.76 points to end at 20.74 and Stanbicibtc Hl (LAGOS: IBTC ) shed 3.13% or 1.30 points to 40.20.
Declining stocks outnumbered rising ones by 41 to 29 and 18 ended unchanged on the Lagos.
In commodities trading, Crude oil for February delivery was down 0.73% or 0.44 to $59.53 a barrel. Meanwhile, Brent oil for delivery in March fell 0.83% or 0.55 to hit $65.91 a barrel, while the February Gold Futures contract rose 0.26% or 3.30 to trade at $1290.80 a troy ounce.
EUR/NGN was up 0.34% to 427.530, while USD/NGN unchanged 0.00% to 360.000.
The US Dollar Index Futures was down 0.27% at 92.59.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.
Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb
Drop an image here or