Nigeria shares lower at close of trade; NSE 30 down 0.15%

Nigeria shares lower at close of trade; NSE 30 down 0.15%  | Oct 09, 2018 18:15

Nigeria shares lower at close of trade; NSE 30 down 0.15% – Nigeria equities were lower at the close on Tuesday, as losses in the Food, Beverages & Tobacco, Insurance and Oil & Gas sectors propelled shares lower.

At the close in Lagos, the NSE 30 declined 0.15%.

The biggest gainers of the session on the NSE 30 were Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which rose 5.26% or 0.40 points to trade at 8.15 at the close. Fbn Holdings (LAGOS:FBNH) added 4.42% or 0.400 points to end at 9.450 and Pz Cussons LG (LAGOS:PZ) was up 3.59% or 0.45 points to 13.00 in late trade.

Biggest losers included Unilever Nig (LAGOS:UNILEVE), which lost 6.67% or 3.00 points to trade at 45.00 in late trade. Uacn Prop (LAGOS:UACN) declined 6.52% or 0.75 points to end at 10.75 and Guiness Nig (LAGOS:GUINNES) shed 2.53% or 2.00 points to 77.00.

Declining stocks outnumbered rising ones by 53 to 34 and 19 ended unchanged on the Lagos.

In commodities trading, Crude oil for November delivery was up 0.70% or 0.52 to $74.81 a barrel. Meanwhile, Brent oil for delivery in December rose 1.06% or 0.89 to hit $84.80 a barrel, while the December Gold Futures contract rose 0.22% or 2.60 to trade at $1191.20 a troy ounce.

EUR/NGN was up 0.07% to 416.750, while USD/NGN fell 0.02% to 363.000.

The US Dollar Index Futures was up 0.01% at 95.45.

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