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Nigeria shares lower at close of trade; NSE 30 down 0.05%

Published 15/07/2017, 03:15 am
© Reuters.  Nigeria shares lower at close of trade; NSE 30 down 0.05%
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Investing.com – Nigeria equities were lower at the close on Friday, as losses in the Oil & Gas, Banking and Insurance sectors propelled shares lower.

At the close in Lagos, the NSE 30 declined 0.05%.

The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 5.35% or 0.28 points to trade at 5.51 at the close. Total Nig (LAGOS:TOTAL) added 3.84% or 9.99 points to end at 269.99 and Skye Bank (LAGOS:SKYEBAN) was up 3.39% or 0.020 points to 0.610 in late trade.

Biggest losers included Wemabank (LAGOS:WEMABAN), which lost 3.51% or 0.020 points to trade at 0.550 in late trade. Fbn Holdings (LAGOS:FBNH) declined 2.27% or 0.140 points to end at 6.040 and Pz Cussons LG (LAGOS:PZ) shed 2.23% or 0.48 points to 21.02.

Advancing stocks outnumbered falling ones by 41 to 37 and 28 ended unchanged on the Lagos.

In commodities trading, Crude oil for August delivery was up 0.87% or 0.40 to $46.48 a barrel. Meanwhile, Brent oil for delivery in September rose 0.87% or 0.42 to hit $48.84 a barrel, while the August Gold Futures contract rose 0.84% or 10.28 to trade at $1227.58 a troy ounce.

EUR/NGN was up 0.39% to 359.820, while USD/NGN fell 9.94% to 314.750.

The US Dollar Index Futures was down 0.60% at 94.99.

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