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Nigeria shares lower at close of trade; NSE 30 down 0.11%

Published 30/11/2016, 04:15 am
© Reuters.  Nigeria shares lower at close of trade; NSE 30 down 0.11%
DANGFLOUR
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DANGSUG
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DIAMONB
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FIDELIT
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NB
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TOTAL
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NGSE30
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NGSEINS10
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NGSEOILG5
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NGSEBNK10
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Investing.com – Nigeria equities were lower at the close on Tuesday, as losses in the Banking, Insurance and Oil & Gas sectors propelled shares lower.

At the close in Lagos, the NSE 30 lost 0.11% to hit a new 6-month low.

The biggest gainers of the session on the NSE 30 were Total Nig (LAGOS:TOTAL), which rose 3.83% or 9.40 points to trade at 248.00 at the close. Nig Brew (LAGOS:NB) added 1.41% or 1.99 points to end at 143.00 and Diamond Bank (LAGOS:DIAMONB) was up 1.08% or 0.010 points to 0.940 in late trade.

Biggest losers included Fidelitybk (LAGOS:FIDELIT), which lost 4.88% or 0.040 points to trade at 0.780 in late trade. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) declined 4.31% or 0.16 points to end at 3.55 and Dangsugar (LAGOS:DANGSUG) shed 3.23% or 0.20 points to 6.02.

Declining stocks outnumbered rising ones by 20 to 13 and 47 ended unchanged on the Lagos.

In commodities trading, Crude oil for January delivery was down 3.82% or 1.80 to $45.28 a barrel. Meanwhile, Brent oil for delivery in February fell 3.62% or 1.78 to hit $47.43 a barrel, while the December Gold contract fell 0.36% or 4.30 to trade at $1186.50 a troy ounce.

EUR/NGN was down 0.06% to 327.190, while USD/NGN rose 0.16% to 316.000.

The US Dollar Index was down 0.03% at 101.18.

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