Nigeria stocks lower at close of trade; NSE 30 down 0.86%

Nigeria stocks lower at close of trade; NSE 30 down 0.86%

May 29, 2018

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

At the close in Lagos, the NSE 30 fell 0.86% to hit a new 3-months low.

The best performers of the session on the NSE 30 were Total Nig (LAGOS:TOTAL), which rose 1.89% or 4.00 points to trade at 216.00 at the close. Meanwhile, Access Bank (LAGOS:ACCESS) added 0.47% or 0.05 points to end at 10.75 and Dangsugar (LAGOS:DANGSUG) was up 0.30% or 0.05 points to 16.85 in late trade.

The worst performers of the session were Diamond Bank (LAGOS:DIAMONB), which fell 5.11% or 0.070 points to trade at 1.300 at the close. Guiness Nig (LAGOS:GUINNES) declined 5.00% or 5.00 points to end at 95.00 and Stanbicibtc Hl (LAGOS:IBTC) was down 4.95% or 2.35 points to 45.15.

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

Shares in Total Nig (LAGOS:TOTAL) rose to 52-week lows; rising 1.89% or 4.00 to 216.00.

Crude oil for July delivery was down 2.45% or 1.66 to $66.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.46% or 0.35 to hit $74.97 a barrel, while the June Gold Futures contract fell 0.16% or 2.10 to trade at $1301.60 a troy ounce.

EUR/NGN was down 0.91% to 415.850, while USD/NGN unchanged 0.00% to 361.000.

The US Dollar Index Futures was up 0.51% at 94.84.

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