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Nigeria stocks lower at close of trade; NSE 30 down 1.15%

Published 04/09/2018, 01:15 PM
© Reuters.  Nigeria stocks lower at close of trade; NSE 30 down 1.15%
ACCESS
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NESTLE
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SKYEBAN
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TOTAL
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UNILEVE
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WAPCO
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NGSE30
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NGSEFBT10
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NGSEOILG5
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NGSEBNK10
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Investing.com – Nigeria stocks were lower after the close on Monday, as losses in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors led shares lower.

At the close in Lagos, the NSE 30 declined 1.15% to hit a new 3-months low.

The best performers of the session on the NSE 30 were Total Nig (LAGOS:TOTAL), which rose 3.72% or 8.80 points to trade at 245.40 at the close. Meanwhile, Access Bank (LAGOS:ACCESS) unchanged 0.00% or 0.00 points to end at 12.00 and Nestle Nig (LAGOS:NESTLE) was unchanged 0.00% or 0.00 points to 1385.00 in late trade.

The worst performers of the session were Skye Bank (LAGOS:SKYEBAN), which fell 8.45% or 0.060 points to trade at 0.650 at the close. Unilever Nig (LAGOS:UNILEVE) declined 8.03% or 4.80 points to end at 54.70 and Wapco (LAGOS:WAPCO) was down 7.24% or 3.20 points to 41.90.

Falling stocks outnumbered advancing ones on the Lagos by 59 to 28 and 15 ended unchanged.

Shares in Wapco (LAGOS:WAPCO) fell to 52-week lows; falling 7.24% or 3.20 to 41.90.

Crude oil for May delivery was up 2.19% or 1.36 to $63.42 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 2.19% or 1.47 to hit $68.58 a barrel, while the June Gold Futures contract rose 0.32% or 4.30 to trade at $1340.40 a troy ounce.

EUR/NGN was up 0.27% to 441.830, while USD/NGN rose 0.14% to 360.000.

The US Dollar Index Futures was down 0.29% at 89.56.

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