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Nigeria stocks lower at close of trade; NSE 30 down 0.68%

Published 07/18/2018, 01:15 PM
© Reuters.  Nigeria stocks lower at close of trade; NSE 30 down 0.68%
FBNH
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FIDELIT
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GTCO
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PZ
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Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Banking, Oil & Gas and Food, Beverages & Tobacco sectors led shares lower.

At the close in Lagos, the NSE 30 declined 0.68% to hit a new 6-months low.

The best performers of the session on the NSE 30 were Pz Cussons LG (LAGOS:PZ), which rose 9.74% or 1.50 points to trade at 16.90 at the close. Meanwhile, Union Bank LG (LAGOS:UBN) added 3.51% or 0.20 points to end at 5.85 and Fidelitybk (LAGOS:FIDELIT) was up 2.04% or 0.040 points to 2.000 in late trade.

The worst performers of the session were Fbn Holdings (LAGOS:FBNH), which fell 9.76% or 1.000 points to trade at 9.250 at the close. Wemabank (LAGOS:WEMABAN) declined 8.82% or 0.060 points to end at 0.620 and Guaranty Bnk (LAGOS:GUARANT) was down 6.76% or 2.65 points to 37.00.

Falling stocks outnumbered advancing ones on the Lagos by 55 to 32 and 12 ended unchanged.

Crude oil for September delivery was up 0.51% or 0.34 to $67.50 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.01% or 0.73 to hit $72.89 a barrel, while the August Gold Futures contract rose 0.02% or 0.30 to trade at $1227.60 a troy ounce.

EUR/NGN was down 0.95% to 355.110, while USD/NGN fell 0.14% to 360.500.

The US Dollar Index Futures was up 0.03% at 94.76.

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