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Nigeria shares lower at close of trade; NSE 30 down 1.58%

Published 2017-09-15, 01:15 p/m
© Reuters.  Nigeria shares lower at close of trade; NSE 30 down 1.58%
ACCESS
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GUINNES
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NB
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PZ
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TOTAL
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UBN
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NGSE30
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NGSEFBT10
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NGSEOILG5
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NGSEBNK10
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Investing.com – Nigeria equities were lower at the close on Friday, as losses in the Food, Beverages & Tobacco, Banking and Oil & Gas sectors propelled shares lower.

At the close in Lagos, the NSE 30 declined 1.58% to hit a new 1-month low.

The biggest gainers of the session on the NSE 30 were Access Bank (LAGOS:ACCESS), which rose 2.06% or 0.20 points to trade at 9.90 at the close. Union Bank LG (LAGOS:UBN) added 1.67% or 0.10 points to end at 6.10 and Guiness Nig (LAGOS:GUINNES) was up 1.31% or 1.25 points to 99.99 in late trade.

Biggest losers included Pz Cussons LG (LAGOS:PZ), which lost 3.81% or 0.99 points to trade at 25.01 in late trade. Nig Brew (LAGOS:NB) declined 3.07% or 5.55 points to end at 175.00 and Total Nig (LAGOS:TOTAL) shed 3.06% or 7.10 points to 233.00.

Declining stocks outnumbered rising ones by 51 to 31 and 12 ended unchanged on the Lagos.

In commodities trading, Crude oil for October delivery was down 0.40% or 0.20 to $49.69 a barrel. Meanwhile, Brent oil for delivery in November fell 0.14% or 0.08 to hit $55.39 a barrel, while the December Gold Futures contract fell 0.25% or 3.33 to trade at $1325.97 a troy ounce.

EUR/NGN was down 0.10% to 430.320, while USD/NGN rose 0.28% to 355.000.

The US Dollar Index Futures was down 0.12% at 91.93.

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