Nigeria shares lower at close of trade; NSE 30 down 0.52%

Nigeria shares lower at close of trade; NSE 30 down 0.52%  | Aug 29, 2018 18:15

Nigeria shares lower at close of trade; NSE 30 down 0.52% – Nigeria equities were lower at the close on Wednesday, as losses in the Insurance, Food, Beverages & Tobacco and Banking sectors propelled shares lower.

At the close in Lagos, the NSE 30 declined 0.52%.

The biggest gainers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 9.62% or 0.050 points to trade at 0.560 at the close. Pz Cussons LG (LAGOS:PZ) added 7.14% or 1.00 points to end at 14.50 and Diamond Bank (LAGOS:DIAMONB) was up 6.92% or 0.090 points to 1.390 in late trade.

Biggest losers included Fbn Holdings (LAGOS:FBNH), which lost 7.22% or 0.700 points to trade at 9.000 in late trade. Union Bank LG (LAGOS:UBN) declined 5.98% or 0.35 points to end at 5.50 and Wapco (LAGOS:WAPCO) shed 5.56% or 1.50 points to 25.35.

Declining stocks outnumbered rising ones by 52 to 40 and 9 ended unchanged on the Lagos.

In commodities trading, Crude oil for October delivery was up 1.55% or 1.06 to $69.59 a barrel. Meanwhile, Brent oil for delivery in November rose 1.65% or 1.26 to hit $77.55 a barrel, while the December Gold Futures contract fell 0.21% or 2.60 to trade at $1211.80 a troy ounce.

EUR/NGN was down 0.44% to 421.610, while USD/NGN fell 0.09% to 361.750.

The US Dollar Index Futures was down 0.11% at 94.53.

Related News

Latest comments

Add a Comment
Please wait a minute before you try to comment again.
Write a reply...
Please wait a minute before you try to comment again.

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

English (USA) English (India) English (Canada) English (Australia) English (South Africa) English (Philippines) English (Nigeria) Deutsch Español (España) Español (México) Français Italiano Nederlands Português (Portugal) Polski Português (Brasil) Русский Türkçe ‏العربية‏ Ελληνικά Svenska Suomi עברית 日本語 한국어 简体中文 繁體中文 Bahasa Indonesia Bahasa Melayu ไทย Tiếng Việt हिंदी
Sign out
Are you sure you want to sign out?
Saving Changes


Download the App

Get free real time quotes, charts and alerts on stocks, indices, currencies, commodities and bonds. Get free top of the line technical analysis/predictors. is better on the App!

More content, faster quotes and charts, and a smoother experience is available only on the App.