Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Nigeria shares lower at close of trade; NSE 30 down 0.05%

Published 28/11/2016, 17:15
© Reuters.  Nigeria shares lower at close of trade; NSE 30 down 0.05%
ACCESS
-
FIDELIT
-
GTCO
-
GUINNES
-
SKYEBAN
-
UACN
-
NGSE30
-
NGSEINS10
-
NGSEFBT10
-
NGSEOILG5
-

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

At the close in Lagos, the NSE 30 declined 0.05% to hit a new 6-month low.

The biggest gainers of the session on the NSE 30 were Fidelitybk (LAGOS:FIDELIT), which rose 3.80% or 0.030 points to trade at 0.820 at the close. Guaranty Bnk (LAGOS:GUARANT) added 1.77% or 0.38 points to end at 21.89 and Guiness Nig (LAGOS:GUINNES) was unchanged 0.00% or 0.00 points to 84.55 in late trade.

Biggest losers included Uacn Prop (LAGOS:UACN), which lost 5.00% or 0.85 points to trade at 16.15 in late trade. Skye Bank (LAGOS:SKYEBAN) declined 3.85% or 0.02 points to end at 0.52 and Access Bank (LAGOS:ACCESS) shed 2.46% or 0.14 points to 5.50.

Declining stocks outnumbered rising ones by 22 to 8 and 62 ended unchanged on the Lagos.

In commodities trading, Crude oil for January delivery was up 2.63% or 1.21 to $47.27 a barrel. Meanwhile, Brent oil for delivery in February rose 2.36% or 1.14 to hit $49.38 a barrel, while the December Gold contract rose 0.94% or 11.10 to trade at $1189.50 a troy ounce.

EUR/NGN was down 1.74% to 327.390, while USD/NGN rose 0.32% to 316.000.

The US Dollar Index was unchanged 0.00% at 101.48.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.