Nigeria shares lower at close of trade; NSE 30 down 0.13%

Nigeria shares lower at close of trade; NSE 30 down 0.13%

Investing.com  | Oct 10, 2018 18:15

Nigeria shares lower at close of trade; NSE 30 down 0.13%

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

At the close in Lagos, the NSE 30 fell 0.13%.

The biggest gainers of the session on the NSE 30 were Fidelitybk (LAGOS:FIDELIT), which rose 5.56% or 0.100 points to trade at 1.910 at the close. Wemabank (LAGOS:WEMABAN) added 5.26% or 0.030 points to end at 0.600 and Diamond Bank (LAGOS:DIAMONB) was up 4.17% or 0.050 points to 1.250 in late trade.

Biggest losers included Guiness Nig (LAGOS:GUINNES), which lost 6.96% or 5.50 points to trade at 73.50 in late trade. Total Nig (LAGOS:TOTAL) declined 5.46% or 10.00 points to end at 173.00 and Uacn Prop (LAGOS:UACN) shed 4.35% or 0.50 points to 10.95.

Declining stocks outnumbered rising ones by 42 to 40 and 18 ended unchanged on the Lagos.

In commodities trading, Crude oil for November delivery was down 2.21% or 1.66 to $73.30 a barrel. Meanwhile, Brent oil for delivery in December fell 1.89% or 1.61 to hit $83.39 a barrel, while the December Gold Futures contract rose 0.14% or 1.70 to trade at $1193.20 a troy ounce.

EUR/NGN was up 0.19% to 417.560, while USD/NGN rose 0.14% to 363.500.

The US Dollar Index Futures was down 0.28% at 95.09.

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