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Nigeria shares higher at close of trade; NSE 30 up 0.07%

Published 21/02/2018, 17:15
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.07%
DANGFLOUR
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FBNH
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FIDELIT
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PZ
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Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Banking, Insurance and Food, Beverages & Tobacco sectors propelled shares higher.

At the close in Lagos, the NSE 30 rose 0.07%.

The biggest gainers of the session on the NSE 30 were Total Nig (LAGOS:TOTAL), which rose 4.32% or 9.40 points to trade at 227.00 at the close. Fbn Holdings (LAGOS:FBNH) added 2.76% or 0.300 points to end at 11.150 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) was up 1.88% or 0.30 points to 16.30 in late trade.

Biggest losers included Fidelitybk (LAGOS:FIDELIT), which lost 5.66% or 0.180 points to trade at 3.000 in late trade. Union Bank LG (LAGOS:UBN) declined 4.90% or 0.35 points to end at 6.80 and Pz Cussons LG (LAGOS:PZ) shed 4.76% or 1.15 points to 23.00.

Declining stocks outnumbered rising ones by 55 to 33 and 7 ended unchanged on the Lagos.

In commodities trading, Crude oil for April delivery was down 0.32% or 0.20 to $61.59 a barrel. Meanwhile, Brent oil for delivery in April fell 0.02% or 0.01 to hit $65.24 a barrel, while the April Gold Futures contract fell 0.14% or 1.80 to trade at $1329.40 a troy ounce.

EUR/NGN was down 0.26% to 443.990, while USD/NGN rose 0.14% to 360.000.

The US Dollar Index Futures was up 0.21% at 89.83.

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