Nigeria shares lower at close of trade; NSE 30 down 0.51%

Nigeria shares lower at close of trade; NSE 30 down 0.51%  | Aug 23, 2018 18:15

Nigeria shares lower at close of trade; NSE 30 down 0.51% – Nigeria equities were lower at the close on Thursday, as losses in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors propelled shares lower.

At the close in Lagos, the NSE 30 declined 0.51%.

The biggest gainers of the session on the NSE 30 were Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which rose 6.49% or 0.50 points to trade at 8.15 at the close. Skye Bank (LAGOS:SKYEBAN) added 4.00% or 0.020 points to end at 0.520 and Pz Cussons LG (LAGOS:PZ) was up 3.45% or 0.45 points to 13.50 in late trade.

Biggest losers included Wapco (LAGOS:WAPCO), which lost 5.58% or 1.55 points to trade at 26.20 in late trade. Access Bank (LAGOS:ACCESS) declined 6.32% or 0.60 points to end at 9.00 and Uacn Prop (LAGOS:UACN) shed 4.76% or 0.60 points to 12.00.

Declining stocks outnumbered rising ones by 48 to 31 and 17 ended unchanged on the Lagos.

In commodities trading, Crude oil for October delivery was down 0.19% or 0.13 to $67.73 a barrel. Meanwhile, Brent oil for delivery in October fell 0.16% or 0.12 to hit $74.66 a barrel, while the December Gold Futures contract fell 0.78% or 9.40 to trade at $1193.90 a troy ounce.

EUR/NGN was down 0.07% to 420.080, while USD/NGN rose 0.38% to 362.860.

The US Dollar Index Futures was up 0.60% at 95.57.

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