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Nigeria shares lower at close of trade; NSE 30 down 0.54%

Published 2018-06-22, 01:15 p/m
Updated 2018-06-22, 01:20 p/m
© Reuters.  Nigeria shares lower at close of trade; NSE 30 down 0.54%

© Reuters. Nigeria shares lower at close of trade; NSE 30 down 0.54%

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

At the close in Lagos, the NSE 30 fell 0.54%.

The biggest gainers of the session on the NSE 30 were Total Nig (LAGOS:TOTAL), which rose 4.97% or 9.60 points to trade at 202.90 at the close. Guaranty Bnk (LAGOS:GUARANT) added 1.62% or 0.65 points to end at 40.65 and Wemabank (LAGOS:WEMABAN) was up 1.41% or 0.010 points to 0.720 in late trade.

Biggest losers included Pz Cussons LG (LAGOS:PZ), which lost 4.76% or 0.95 points to trade at 19.00 in late trade. Unilever Nig (LAGOS:UNILEVE) declined 4.25% or 2.25 points to end at 51.70 and Wapco (LAGOS:WAPCO) shed 2.50% or 1.00 points to 39.05.

Declining stocks outnumbered rising ones by 62 to 29 and 15 ended unchanged on the Lagos.

In commodities trading, Crude oil for August delivery was up 4.68% or 3.07 to $68.61 a barrel. Meanwhile, Brent oil for delivery in August rose 2.23% or 1.63 to hit $74.68 a barrel, while the August Gold Futures contract rose 0.02% or 0.30 to trade at $1270.80 a troy ounce.

EUR/NGN was up 0.90% to 419.140, while USD/NGN fell 0.28% to 360.000.

The US Dollar Index Futures was down 0.30% at 94.26.

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