Nigeria shares lower at close of trade; NSE 30 down 0.25%
Investing.com
Published Jan 18, 2018 12:15
Nigeria shares lower at close of trade; NSE 30 down 0.25%
Investing.com – Nigeria equities were lower at the close on Thursday, as losses in the Food, Beverages & Tobacco, Oil & Gas and Banking sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 0.25%.
The biggest gainers of the session on the NSE 30 were Diamond Bank (LAGOS:DIAMONB), which rose 9.81% or 0.310 points to trade at 3.470 at the close. Skye Bank (LAGOS:SKYEBAN) added 9.26% or 0.100 points to end at 1.180 and Wemabank (LAGOS:WEMABAN) was up 9.18% or 0.090 points to 1.070 in late trade.
Biggest losers included Pz Cussons LG (LAGOS:PZ), which lost 4.98% or 1.15 points to trade at 21.94 in late trade. Union Bank LG (LAGOS:UBN) declined 4.78% or 0.42 points to end at 8.89 and Unilever Nig (LAGOS:UNILEVE) shed 4.30% or 2.02 points to 45.00.
Declining stocks outnumbered rising ones by 37 to 37 and 21 ended unchanged on the Lagos.
In commodities trading, Crude oil for February delivery was up 0.17% or 0.11 to $64.08 a barrel. Meanwhile, Brent oil for delivery in March fell 0.03% or 0.02 to hit $69.36 a barrel, while the February Gold Futures contract fell 0.61% or 8.20 to trade at $1331.00 a troy ounce.
EUR/NGN was up 0.55% to 441.250, while USD/NGN rose 0.14% to 360.000.
The US Dollar Index Futures was down 0.45% at 90.24.
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