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Nigeria shares lower at close of trade; NSE 30 down 0.59%

Published 25/11/2016, 17:15
© Reuters.  Nigeria shares lower at close of trade; NSE 30 down 0.59%
ACCESS
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DANGSUG
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FIDELIT
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IBTC
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TOTAL
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UACN
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NGSE30
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NGSEINS10
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NGSEFBT10
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NGSEBNK10
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Investing.com – Nigeria equities were lower at the close on Friday, as losses in the Banking, Food, Beverages & Tobacco and Insurance sectors propelled shares lower.

At the close in Lagos, the NSE 30 lost 0.59% to hit a new 6-month low.

The biggest gainers of the session on the NSE 30 were Total Nig (LAGOS:TOTAL), which rose 10.25% or 22.85 points to trade at 245.85 at the close. Dangsugar (LAGOS:DANGSUG) added 3.16% or 0.19 points to end at 6.25 and Access Bank (LAGOS:ACCESS) was up 1.25% or 0.07 points to 5.68 in late trade.

Biggest losers included Uacn Prop (LAGOS:UACN), which lost 4.28% or 0.76 points to trade at 16.88 in late trade. Fidelitybk (LAGOS:FIDELIT) declined 3.66% or 0.030 points to end at 0.800 and Stanbicibtc Hl (LAGOS:IBTC) shed 3.62% or 0.55 points to 14.65.

Declining stocks outnumbered rising ones by 20 to 15 and 58 ended unchanged on the Lagos.

In commodities trading, Crude oil for January delivery was down 3.32% or 1.59 to $46.37 a barrel. Meanwhile, Brent oil for delivery in January fell 3.16% or 1.55 to hit $47.45 a barrel, while the December Gold contract fell 0.81% or 9.65 to trade at $1179.65 a troy ounce.

EUR/NGN was up 0.04% to 333.200, while USD/NGN fell 0.79% to 314.500.

The US Dollar Index was down 0.23% at 101.54.

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