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Nigeria shares lower at close of trade; NSE 30 down 0.03%

Published 26/03/2018, 18:15
Updated 26/03/2018, 18:15
© Reuters.  Nigeria shares lower at close of trade; NSE 30 down 0.03%

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

At the close in Lagos, the NSE 30 declined 0.03%.

The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 4.00% or 0.030 points to trade at 0.780 at the close. Fbn Holdings (LAGOS:FBNH) added 2.86% or 0.350 points to end at 12.500 and Nig Brew (LAGOS:NB) was up 1.98% or 2.50 points to 129.90 in late trade.

Biggest losers included Unilever Nig (LAGOS:UNILEVE), which lost 4.98% or 2.75 points to trade at 52.45 in late trade. Diamond Bank (LAGOS:DIAMONB) declined 4.65% or 0.100 points to end at 2.050 and Total Nig (LAGOS:TOTAL) shed 4.27% or 10.40 points to 233.30.

Declining stocks outnumbered rising ones by 45 to 40 and 13 ended unchanged on the Lagos.

In commodities trading, Crude oil for May delivery was down 0.61% or 0.40 to $65.48 a barrel. Meanwhile, Brent oil for delivery in June fell 0.44% or 0.31 to hit $69.50 a barrel, while the April Gold Futures contract rose 0.36% or 4.90 to trade at $1354.80 a troy ounce.

EUR/NGN was up 0.35% to 445.970, while USD/NGN unchanged 0.00% to 360.000.

The US Dollar Index Futures was down 0.52% at 88.64.

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