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Nigeria shares lower at close of trade; NSE 30 down 1.39%

Published 2017-07-04, 01:15 p/m
© Reuters.  Nigeria shares lower at close of trade; NSE 30 down 1.39%
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Investing.com – Nigeria equities were lower at the close on Tuesday, as losses in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors propelled shares lower.

At the close in Lagos, the NSE 30 declined 1.39%.

The biggest gainers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 4.76% or 0.030 points to trade at 0.660 at the close. Total Nig (LAGOS:TOTAL) added 2.26% or 6.00 points to end at 272.00 and Nestle Nig (LAGOS:NESTLE) was up 0.00% or 0.04 points to 901.04 in late trade.

Biggest losers included Unilever (LON:ULVR) Nig (LAGOS:UNILEVE), which lost 9.74% or 3.59 points to trade at 33.28 in late trade. Wapco (LAGOS:WAPCO) declined 5.00% or 2.50 points to end at 47.50 and Guiness Nig (LAGOS:GUINNES) shed 4.99% or 3.39 points to 64.57.

Declining stocks outnumbered rising ones by 58 to 30 and 30 ended unchanged on the Lagos.

In commodities trading, Crude oil for August delivery was up 0.02% or 0.01 to $47.08 a barrel. Meanwhile, Brent oil for delivery in September fell 0.04% or 0.02 to hit $49.66 a barrel, while the August Gold Futures contract rose 0.41% or 5.03 to trade at $1224.23 a troy ounce.

EUR/NGN was down 0.37% to 357.290, while USD/NGN fell 10.07% to 314.750.

The US Dollar Index Futures was up 0.04% at 95.99.

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