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Nigeria shares lower at close of trade; NSE 30 down 0.80%

Published 18/12/2017, 17:15
© Reuters.  Nigeria shares lower at close of trade; NSE 30 down 0.80%
DANGFLOUR
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FBNH
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FIDELIT
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PZ
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UACN
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UBN
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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 Food, Beverages & Tobacco, Insurance and Oil & Gas sectors propelled shares lower.

At the close in Lagos, the NSE 30 lost 0.80%.

The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 4.90% or 0.37 points to trade at 7.31 at the close. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) added 3.22% or 0.38 points to end at 12.06 and Fbn Holdings (LAGOS:FBNH) was up 2.97% or 0.260 points to 9.000 in late trade.

Biggest losers included Pz Cussons LG (LAGOS:PZ), which lost 4.98% or 1.12 points to trade at 21.38 in late trade. Uacn Prop (LAGOS:UACN) declined 2.37% or 0.40 points to end at 16.50 and Fidelitybk (LAGOS:FIDELIT) shed 2.23% or 0.050 points to 2.190.

Declining stocks outnumbered rising ones by 44 to 29 and 20 ended unchanged on the Lagos.

In commodities trading, Crude oil for February delivery was unchanged 0.00% or 0.00 to $57.33 a barrel. Meanwhile, Brent oil for delivery in February rose 0.17% or 0.11 to hit $63.34 a barrel, while the February Gold Futures contract rose 0.64% or 8.10 to trade at $1265.60 a troy ounce.

EUR/NGN was down 0.05% to 423.960, while USD/NGN fell 0.14% to 360.000.

The US Dollar Index Futures was down 0.39% at 93.10.

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