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Nigeria shares lower at close of trade; NSE 30 down 1.24%

Published 03/01/2017, 17:15
© Reuters.  Nigeria shares lower at close of trade; NSE 30 down 1.24%
DIAMONB
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GTCO
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IBTC
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NB
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WEMABAN
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ZENITHB
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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 equities were lower at the close on Tuesday, as losses in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors propelled shares lower.

At the close in Lagos, the NSE 30 lost 1.24%.

The biggest gainers of the session on the NSE 30 were Stanbicibtc Hl (LAGOS:IBTC), which rose 4.95% or 0.74 points to trade at 15.69 at the close. Diamond Bank (LAGOS:DIAMONB) added 2.27% or 0.020 points to end at 0.900 and Wemabank (LAGOS:WEMABAN) was up 1.85% or 0.010 points to 0.560 in late trade.

Biggest losers included Nig Brew (LAGOS:NB), which lost 4.05% or 5.99 points to trade at 142.00 in late trade. Guaranty Bnk (LAGOS:GUARANT) declined 2.83% or 0.70 points to end at 24.00 and Zenithbank (LAGOS:ZENITHB) shed 2.37% or 0.35 points to 14.41.

Declining stocks outnumbered rising ones by 17 to 13 and 49 ended unchanged on the Lagos.

In commodities trading, Crude oil for February delivery was down 2.31% or 1.24 to $52.48 a barrel. Meanwhile, Brent oil for delivery in March fell 2.16% or 1.23 to hit $55.59 a barrel, while the February Gold contract rose 0.81% or 9.35 to trade at $1161.05 a troy ounce.

EUR/NGN was down 1.78% to 324.560, while USD/NGN fell 0.23% to 314.250.

The US Dollar Index was up 0.76% at 103.15.

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