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Nigeria shares lower at close of trade; NSE 30 down 0.55%

Published 11/05/2016, 03:15 am
© Reuters.  Nigeria shares lower at close of trade; NSE 30 down 0.55%
DANGFLOUR
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DIAMONB
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FBNH
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FIDELIT
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WAPCO
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WEMABAN
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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 Oil & Gas, Insurance and Banking sectors propelled shares lower.

At the close in Lagos, the NSE 30 lost 0.55%.

The biggest gainers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 6.22% or 0.26 points to trade at 4.59 at the close. Diamond Bank (LAGOS:DIAMONB) added 9.52% or 0.14 points to end at 1.61 and Wemabank (LAGOS:WEMABAN) was up 6.67% or 0.050 points to 0.800 in late trade.

Biggest losers included Wapco (LAGOS:WAPCO), which lost 2.80% or 2.00 points to trade at 69.39 in late trade. Fidelitybk (LAGOS:FIDELIT) declined 2.56% or 0.03 points to end at 1.14 and Fbn Holdings (LAGOS:FBNH) shed 1.45% or 0.05 points to 3.40.

Advancing stocks outnumbered falling ones by 31 to 18 and 41 ended unchanged on the Lagos.

In commodities trading, Crude oil for June delivery was up 2.19% or 0.95 to $44.39 a barrel. Meanwhile, Brent oil for delivery in July rose 3.62% or 1.58 to hit $45.21 a barrel, while the June Gold contract fell 0.34% or 4.25 to trade at $1262.35 a troy ounce.

EUR/NGN was down 0.14% to 226.400, while USD/NGN rose 0.03% to 199.155.

The US Dollar Index was up 0.11% at 94.24.

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