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Nigeria shares lower at close of trade; NSE 30 down 0.04%

Published 07/11/2017, 04:15 am
© Reuters.  Nigeria shares lower at close of trade; NSE 30 down 0.04%
DIAMONB
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FIDELIT
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GUINNES
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Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Insurance, Oil & Gas and Food, Beverages & Tobacco sectors propelled shares lower.

At the close in Lagos, the NSE 30 fell 0.04%.

The biggest gainers of the session on the NSE 30 were Diamond Bank (LAGOS:DIAMONB), which rose 9.43% or 0.100 points to trade at 1.160 at the close. Fidelitybk (LAGOS:FIDELIT) added 5.00% or 0.080 points to end at 1.680 and Guiness Nig (LAGOS:GUINNES) was up 2.00% or 2.00 points to 102.00 in late trade.

Biggest losers included Total Nig (LAGOS:TOTAL), which lost 4.66% or 11.00 points to trade at 234.88 in late trade. Wapco (LAGOS:WAPCO) declined 3.79% or 1.95 points to end at 49.50 and Uacn Prop (LAGOS:UACN) shed 3.26% or 0.62 points to 18.50.

Declining stocks outnumbered rising ones by 38 to 32 and 22 ended unchanged on the Lagos.

In commodities trading, Crude oil for December delivery was up 2.64% or 1.47 to $57.11 a barrel. Meanwhile, Brent oil for delivery in January rose 2.84% or 1.76 to hit $63.83 a barrel, while the December Gold Futures contract rose 1.04% or 13.17 to trade at $1282.37 a troy ounce.

EUR/NGN was down 0.47% to 417.340, while USD/NGN unchanged 0.00% to 356.500.

The US Dollar Index Futures was down 0.14% at 94.70.

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