Investing.com | Aug 31, 2018 18:15
At the close in Lagos, the NSE 30 lost 0.75% to hit a new 52-week low.
The biggest gainers of the session on the NSE 30 were Access Bank (LAGOS:ACCESS), which rose 2.17% or 0.20 points to trade at 9.50 at the close. Wemabank (LAGOS:WEMABAN) added 1.67% or 0.010 points to end at 0.610 and Stanbicibtc Hl (LAGOS:IBTC) was up 1.59% or 0.75 points to 48.00 in late trade.
Biggest losers included Nestle Nig (LAGOS:NESTLE), which lost 9.50% or 142.50 points to trade at 1357.50 in late trade. Union Bank LG (LAGOS:UBN) declined 6.84% or 0.40 points to end at 5.45 and Pz Cussons LG (LAGOS:PZ) shed 6.67% or 1.00 points to 14.00.
Declining stocks outnumbered rising ones by 55 to 41 and 16 ended unchanged on the Lagos.
In commodities trading, Crude oil for October delivery was down 0.47% or 0.33 to $69.92 a barrel. Meanwhile, Brent oil for delivery in November fell 0.35% or 0.27 to hit $77.75 a barrel, while the December Gold Futures contract rose 0.09% or 1.10 to trade at $1206.10 a troy ounce.
EUR/NGN was down 0.26% to 422.330, while USD/NGN rose 0.03% to 362.170.
The US Dollar Index Futures was up 0.45% at 95.07.
Written By: Investing.com
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.