🚀 June’s AI-picked stocks soar, with Adobe +18.1% in 11 days. Don’t miss July’s upcoming picks.Unlock full list

Nigeria shares lower at close of trade; NSE 30 down 0.39%

Published 25/09/2018, 03:15 am
© Reuters.  Nigeria shares lower at close of trade; NSE 30 down 0.39%

Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Oil & Gas, Food, Beverages & Tobacco and Insurance sectors propelled shares lower.

At the close in Lagos, the NSE 30 fell 0.39%.

The biggest gainers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 4.65% or 2.00 points to trade at 45.50 at the close. Dangsugar (LAGOS:DANGSUG) added 1.70% or 0.25 points to end at 14.95 and Guaranty Bnk (LAGOS:GUARANT) was up 1.59% or 0.55 points to 35.30 in late trade.

Biggest losers included Union Bank LG (LAGOS:UBN), which lost 9.48% or 0.55 points to trade at 5.25 in late trade. Guiness Nig (LAGOS:GUINNES) declined 5.74% or 5.05 points to end at 82.95 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) shed 3.38% or 0.25 points to 7.15.

Declining stocks outnumbered rising ones by 50 to 27 and 18 ended unchanged on the Lagos.

In commodities trading, Crude oil for November delivery was up 1.68% or 1.19 to $71.97 a barrel. Meanwhile, Brent oil for delivery in December rose 2.47% or 1.93 to hit $80.17 a barrel, while the December Gold Futures contract rose 0.29% or 3.50 to trade at $1204.80 a troy ounce.

EUR/NGN was up 0.15% to 427.620, while USD/NGN rose 0.28% to 363.500.

The US Dollar Index Futures was down 0.04% at 93.75.

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.