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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%
DANGFLOUR
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DANGSUG
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GTCO
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GUINNES
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UBN
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UNILEVE
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NGSE30
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NGSEINS10
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NGSEFBT10
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NGSEOILG5
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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.

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