Nigeria shares lower at close of trade; NSE 30 down 0.07%

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Nigeria shares lower at close of trade; NSE 30 down 0.07%
Credit: © Reuters.

Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Food, Beverages & Tobacco , Insurance and Oil & Gas sectors propelled shares lower.

At the close in Lagos, the NSE 30 fell 0.07%.

The biggest gainers of the session on the NSE 30 were Dangote Flour Mills PLC (LAGOS: DANGFLOUR ), which rose 1.00% or 0.10 points to trade at 10.10 at the close. Unilever Nig (LAGOS: UNILEVE ) added 0.10% or 0.05 points to end at 51.65 and Guiness Nig (LAGOS: GUINNES ) was up 0.05% or 0.05 points to 97.00 in late trade.

Biggest losers included Pz Cussons LG (LAGOS: PZ ), which lost 8.42% or 1.60 points to trade at 17.40 in late trade. Total Nig (LAGOS: TOTAL ) declined 7.14% or 15.00 points to end at 195.00 and Nestle Nig (LAGOS: NESTLE ) shed 6.60% or 99.00 points to 1401.00.

Declining stocks outnumbered rising ones by 57 to 30 and 15 ended unchanged on the Lagos.

In commodities trading, Crude oil for August delivery was down 0.24% or 0.18 to $73.62 a barrel. Meanwhile, Brent oil for delivery in September rose 1.05% or 0.81 to hit $77.92 a barrel, while the August Gold Futures contract rose 0.29% or 3.60 to trade at $1259.40 a troy ounce.

EUR/NGN was up 0.57% to 423.850, while USD/NGN fell 0.14% to 360.000.

The US Dollar Index Futures was up 0.14% at 93.89.

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