Nigeria stocks lower at close of trade; NSE 30 down 0.40%

Nigeria stocks lower at close of trade; NSE 30 down 0.40%

Aug 22, 2018

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

At the close in Lagos, the NSE 30 fell 0.40%.

The best performers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 4.17% or 0.020 points to trade at 0.500 at the close. Meanwhile, Diamond Bank (LAGOS:DIAMONB) added 1.83% or 0.020 points to end at 1.110 and Dangsugar (LAGOS:DANGSUG) was up 0.68% or 0.10 points to 14.90 in late trade.

The worst performers of the session were Uacn Prop (LAGOS:UACN), which fell 7.94% or 1.00 points to trade at 11.60 at the close. Pz Cussons LG (LAGOS:PZ) declined 7.12% or 1.00 points to end at 12.90 and Wapco (LAGOS:WAPCO) was down 6.65% or 1.85 points to 25.95.

Falling stocks outnumbered advancing ones on the Lagos by 0 to 0.

Shares in Pz Cussons LG (LAGOS:PZ) fell to 52-week lows; falling 7.12% or 1.00 to 12.90.

Crude oil for October delivery was up 3.11% or 2.05 to $67.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 2.84% or 2.06 to hit $74.69 a barrel, while the December Gold Futures contract rose 0.22% or 2.60 to trade at $1202.60 a troy ounce.

EUR/NGN was up 0.60% to 420.370, while USD/NGN rose 0.14% to 361.500.

The US Dollar Index Futures was down 0.06% at 95.07.

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