Nigeria shares lower at close of trade; NSE 30 down 0.46%

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Nigeria shares lower at close of trade; NSE 30 down 0.46%
Credit: © Reuters.

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

At the close in Lagos, the NSE 30 declined 0.46%.

The biggest gainers of the session on the NSE 30 were Pz Cussons LG (LAGOS: PZ ), which rose 6.43% or 0.90 points to trade at 14.90 at the close. Nig Brew (LAGOS: NB ) added 3.00% or 3.00 points to end at 103.90 and Total Nig (LAGOS: TOTAL ) was up 2.05% or 4.00 points to 199.00 in late trade.

Biggest losers included Diamond Bank (LAGOS: DIAMONB ), which lost 6.40% or 0.080 points to trade at 1.170 in late trade. Uacn Prop (LAGOS: UACN ) declined 4.92% or 0.65 points to end at 12.55 and Dangote Flour Mills PLC (LAGOS: DANGFLOUR ) shed 4.44% or 0.40 points to 8.60.

Declining stocks outnumbered rising ones by 57 to 35 and 11 ended unchanged on the Lagos.

In commodities trading, Crude oil for September delivery was down 1.07% or 0.74 to $68.22 a barrel. Meanwhile, Brent oil for delivery in October fell 0.57% or 0.42 to hit $73.03 a barrel, while the December Gold Futures contract rose 0.46% or 5.60 to trade at $1225.70 a troy ounce.

EUR/NGN was down 0.78% to 417.450, while USD/NGN rose 0.21% to 360.750.

The US Dollar Index Futures was down 0.16% at 94.85.

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