Nigeria stocks lower at close of trade; NSE 30 down 0.16%

Nigeria stocks lower at close of trade; NSE 30 down 0.16%

Oct 02, 2018

Nigeria stocks were lower after the close on Tuesday, as losses in the Insurance, Food, Beverages&Tobacco and Banking sectors led shares lower.

At the close in Lagos, the NSE 30 lost 0.16%.

The best performers of the session on the NSE 30 were Fidelitybk (LAGOS:FIDELIT), which rose 5.88% or 0.100 points to trade at 1.800 at the close. Meanwhile, Wapco (LAGOS:WAPCO) added 3.60% or 0.80 points to end at 23.00 and Fbn Holdings (LAGOS:FBNH) was up 3.37% or 0.300 points to 9.150 in late trade.

The worst performers of the session were Stanbicibtc Hl (LAGOS:IBTC), which fell 7.61% or 3.50 points to trade at 42.50 at the close. Guiness Nig (LAGOS:GUINNES) declined 2.44% or 1.95 points to end at 78.05 and Dangsugar (LAGOS:DANGSUG) was down 2.11% or 0.30 points to 14.85.

Falling stocks outnumbered advancing ones on the Lagos by 46 to 31 and 22 ended unchanged.

Shares in Guiness Nig (LAGOS:GUINNES) fell to 52-week lows; losing 2.44% or 1.95 to 78.05.

Crude oil for November delivery was down 0.32% or 0.24 to $75.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.31% or 0.26 to hit $84.72 a barrel, while the December Gold Futures contract rose 1.31% or 15.60 to trade at $1207.30 a troy ounce.

EUR/NGN was down 0.82% to 419.810, while USD/NGN rose 0.14% to 363.500.

The US Dollar Index Futures was up 0.19% at 95.10.

Join Libertex!

Practice for free on a demo account with 50,000 euro

Register
or start live trading now