Nigeria stocks lower at close of trade; NSE 30 down 0.04%

Nigeria stocks lower at close of trade; NSE 30 down 0.04%

Apr 19, 2018

Investing.com – Nigeria stocks were lower after the close on Thursday, as losses in the Insurance, Oil&Gas and Food, Beverages&Tobacco sectors led shares lower.

At the close in Lagos, the NSE 30 lost 0.04%.

The best performers of the session on the NSE 30 were Nestle Nig (LAGOS:NESTLE), which rose 5.00% or 71.10 points to trade at 1493.60 at the close. Meanwhile, Wemabank (LAGOS:WEMABAN) added 4.65% or 0.040 points to end at 0.900 and Uacn Prop (LAGOS:UACN) was up 3.83% or 0.65 points to 17.60 in late trade.

The worst performers of the session were Unilever Nig (LAGOS:UNILEVE), which fell 5.00% or 2.75 points to trade at 52.25 at the close. Diamond Bank (LAGOS:DIAMONB) declined 2.01% or 0.040 points to end at 1.950 and Fbn Holdings (LAGOS:FBNH) was down 2.00% or 0.250 points to 12.250.

Falling stocks outnumbered advancing ones on the Lagos by 54 to 33 and 12 ended unchanged.

Crude oil for May delivery was up 0.16% or 0.11 to $68.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.67% or 0.49 to hit $73.97 a barrel, while the June Gold Futures contract fell 0.36% or 4.90 to trade at $1348.60 a troy ounce.

EUR/NGN was down 0.05% to 445.200, while USD/NGN rose 0.14% to 360.000.

The US Dollar Index Futures was up 0.25% at 89.57.

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