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Nigeria stocks lower at close of trade; NSE 30 down 1.13%

Published 01/24/2018, 12:15 PM
© Reuters.  Nigeria stocks lower at close of trade; NSE 30 down 1.13%
DIAMONB
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FIDELIT
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NB
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PZ
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SKYEBAN
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WAPCO
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NGSE30
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NGSEINS10
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NGSEOILG5
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NGSEBNK10
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Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Banking, Insurance and Oil & Gas sectors led shares lower.

At the close in Lagos, the NSE 30 fell 1.13%.

The best performers of the session on the NSE 30 were Nig Brew (LAGOS:NB), which rose 2.06% or 2.99 points to trade at 147.12 at the close. Meanwhile, Pz Cussons LG (LAGOS:PZ) added 1.23% or 0.29 points to end at 23.60 and Wapco (LAGOS:WAPCO) was up 1.00% or 0.52 points to 52.52 in late trade.

The worst performers of the session were Diamond Bank (LAGOS:DIAMONB), which fell 9.60% or 0.310 points to trade at 2.920 at the close. Fidelitybk (LAGOS:FIDELIT) declined 9.52% or 0.340 points to end at 3.230 and Skye Bank (LAGOS:SKYEBAN) was down 9.03% or 0.140 points to 1.410.

Falling stocks outnumbered advancing ones on the Lagos by 60 to 16 and 17 ended unchanged.

Crude oil for March delivery was up 0.60% or 0.39 to $64.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.07% or 0.05 to hit $69.91 a barrel, while the February Gold Futures contract rose 1.18% or 15.80 to trade at $1352.50 a troy ounce.

EUR/NGN was up 0.85% to 444.870, while USD/NGN rose 0.14% to 360.500.

The US Dollar Index Futures was down 0.86% at 89.11.

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