Nigeria stocks lower at close of trade; NSE 30 down 0.15%

Nigeria stocks lower at close of trade; NSE 30 down 0.15%

Jun 20, 2018

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

At the close in Lagos, the NSE 30 lost 0.15%.

The best performers of the session on the NSE 30 were Total Nig (LAGOS:TOTAL), which rose 4.97% or 9.60 points to trade at 202.90 at the close. Meanwhile, Zenithbank (LAGOS:ZENITHB) added 1.96% or 0.50 points to end at 26.00 and Wemabank (LAGOS:WEMABAN) was up 1.37% or 0.010 points to 0.720 in late trade.

The worst performers of the session were Unilever Nig (LAGOS:UNILEVE), which fell 5.00% or 2.65 points to trade at 50.35 at the close. Pz Cussons LG (LAGOS:PZ) declined 4.82% or 1.00 points to end at 19.75 and Union Bank LG (LAGOS:UBN) was down 4.20% or 0.25 points to 5.95.

Falling stocks outnumbered advancing ones on the Lagos by 53 to 32 and 18 ended unchanged.

Shares in Pz Cussons LG (LAGOS:PZ) fell to 52-week lows; falling 4.82% or 1.00 to 19.75.

Crude oil for August delivery was up 0.83% or 0.54 to $65.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.44% or 0.33 to hit $74.75 a barrel, while the August Gold Futures contract fell 0.26% or 3.30 to trade at $1275.30 a troy ounce.

EUR/NGN was up 0.07% to 416.200, while USD/NGN rose 0.14% to 361.000.

The US Dollar Index Futures was up 0.04% at 94.69.

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