Nigeria shares lower at close of trade; NSE 30 down 0.02%

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Nigeria shares lower at close of trade; NSE 30 down 0.02%
Credit: © Reuters.

Investing.com – 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 fell 0.02%.

The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS: UBN ), which rose 6.42% or 0.35 points to trade at 5.80 at the close. Skye Bank (LAGOS: SKYEBAN ) added 6.06% or 0.040 points to end at 0.700 and Unilever Nig (LAGOS: UNILEVE ) was up 4.65% or 2.00 points to 45.00 in late trade.

Biggest losers included Pz Cussons LG (LAGOS: PZ ), which lost 7.41% or 1.00 points to trade at 13.85 in late trade. Dangote Flour Mills PLC (LAGOS: DANGFLOUR ) declined 4.61% or 0.35 points to end at 7.25 and Total Nig (LAGOS: TOTAL ) shed 3.53% or 6.70 points to 183.00.

Advancing stocks outnumbered falling ones by 48 to 40 and 12 ended unchanged on the Lagos.

In commodities trading, Crude oil for November delivery was up 1.26% or 0.88 to $70.47 a barrel. Meanwhile, Brent oil for delivery in November rose 0.34% or 0.27 to hit $79.30 a barrel, while the December Gold Futures contract rose 0.45% or 5.40 to trade at $1208.30 a troy ounce.

EUR/NGN was up 0.89% to 423.750, while USD/NGN fell 0.14% to 362.000.

The US Dollar Index Futures was down 0.11% at 94.12.

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