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Nigeria shares lower at close of trade; NSE 30 down 0.40%

Published 25/04/2016, 18:15
© Reuters.  Nigeria shares lower at close of trade; NSE 30 down 0.40%
ACCESS
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DANGFLOUR
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FCMB
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FIDELIT
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GTCO
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WEMABAN
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NGSE30
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NGSEINS10
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NGSEFBT10
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NGSEOILG5
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Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Oil & Gas, Insurance and Food, Beverages & Tobacco sectors propelled shares lower.

At the close in Lagos, the NSE 30 declined 0.40%.

The biggest gainers of the session on the NSE 30 were Access Bank (LAGOS:ACCESS), which rose 1.83% or 0.07 points to trade at 3.90 at the close. Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) added 1.44% or 0.04 points to end at 2.90 and Guaranty Bnk (LAGOS:GUARANT) was up 1.13% or 0.18 points to 16.10 in late trade.

Biggest losers included Wemabank (LAGOS:WEMABAN), which lost 2.78% or 0.020 points to trade at 0.700 in late trade. Firstcity Bnk (LAGOS:FCMB) declined 1.94% or 0.02 points to end at 1.01 and Fidelitybk (LAGOS:FIDELIT) shed 1.65% or 0.02 points to 1.19.

Declining stocks outnumbered rising ones by 23 to 14 and 57 ended unchanged on the Lagos.

In commodities trading, Crude oil for June delivery was down 1.23% or 0.54 to $43.19 a barrel. Meanwhile, Brent oil for delivery in July fell 0.62% or 0.28 to hit $44.79 a barrel, while the June Gold contract rose 0.98% or 12.00 to trade at $1242.00 a troy ounce.

EUR/NGN was down 0.20% to 224.030, while USD/NGN fell 0.08% to 199.000.

The US Dollar Index was down 0.42% at 94.71.

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