🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

Nigeria stocks lower at close of trade; NSE 30 down 0.23%

Published 02/12/2015, 04:15 am
© Reuters.  Nigeria stocks lower at close of trade; NSE 30 down 0.23%

Investing.com – Nigeria stocks were lower after the close on Tuesday, as losses in the Food, Beverages & Tobacco, Oil & Gas and Banking sectors led shares lower.

At the close in Lagos, the NSE 30 fell 0.23% to hit a new 3-years low.

The best performers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 4.83% or 1.84 points to trade at 39.96 at the close. Meanwhile, Zenithbank (LAGOS:ZENITHB) added 0.64% or 0.10 points to end at 15.62 and Diamond Bank (LAGOS:DIAMONB) was up 0.44% or 0.01 points to 2.29 in late trade.

The worst performers of the session were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which fell 9.09% or 0.14 points to trade at 1.40 at the close. Fbn Holdings (LAGOS:FBNH) declined 6.37% or 0.34 points to end at 5.00 and Skye Bank (LAGOS:SKYEBAN) was down 4.76% or 0.08 points to 1.60.

Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 23 to 17 and 51 ended unchanged.

Shares in Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) fell to all time lows; losing 9.09% or 0.14 to 1.40. Shares in Diamond Bank (LAGOS:DIAMONB) rose to 3-years lows; rising 0.44% or 0.01 to 2.29. Shares in Skye Bank (LAGOS:SKYEBAN) fell to all time lows; down 4.76% or 0.08 to 1.60.

Crude oil for January delivery was down 0.36% or 0.15 to $41.50 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.48% or 0.21 to hit $44.40 a barrel, while the February Gold contract fell 0.07% or 0.70 to trade at $1064.60 a troy ounce.

EUR/NGN was up 0.25% to 211.170, while USD/NGN fell 0.08% to 198.950.

The US Dollar Index was down 0.29% at 99.97.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.