Nigeria shares lower at close of trade; NSE 30 down 0.16%

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Nigeria shares lower at close of trade; NSE 30 down 0.16%
Credit: © Reuters.

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

At the close in Lagos, the NSE 30 lost 0.16%.

The biggest gainers of the session on the NSE 30 were Fidelitybk (LAGOS: FIDELIT ), which rose 5.88% or 0.100 points to trade at 1.800 at the close. Wapco (LAGOS: WAPCO ) added 3.60% or 0.80 points to end at 23.00 and Fbn Holdings (LAGOS: FBNH ) was up 3.37% or 0.300 points to 9.150 in late trade.

Biggest losers included Stanbicibtc Hl (LAGOS: IBTC ), which lost 7.61% or 3.50 points to trade at 42.50 in late trade. Guiness Nig (LAGOS: GUINNES ) declined 2.44% or 1.95 points to end at 78.05 and Dangsugar (LAGOS: DANGSUG ) shed 2.11% or 0.30 points to 14.85.

Declining stocks outnumbered rising ones by 46 to 31 and 22 ended unchanged on the Lagos.

In commodities trading, Crude oil for November delivery was down 0.29% or 0.22 to $75.08 a barrel. Meanwhile, Brent oil for delivery in December fell 0.31% or 0.26 to hit $84.72 a barrel, while the December Gold Futures contract rose 1.31% or 15.60 to trade at $1207.30 a troy ounce.

EUR/NGN was down 0.82% to 419.810, while USD/NGN rose 0.14% to 363.500.

The US Dollar Index Futures was up 0.19% at 95.10.

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