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Nigeria shares higher at close of trade; NSE 30 up 0.31%

Published 04/05/2018, 18:15
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.31%
DIAMONB
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FIDELIT
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NB
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SKYEBAN
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UBN
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WEMABAN
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NGSE30
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NGSEINS10
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NGSEFBT10
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NGSEBNK10
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Investing.com – Nigeria equities were higher at the close on Friday, as gains in the Food, Beverages & Tobacco, Banking and Insurance sectors propelled shares higher.

At the close in Lagos, the NSE 30 added 0.31%.

The biggest gainers of the session on the NSE 30 were Diamond Bank (LAGOS:DIAMONB), which rose 1.44% or 0.030 points to trade at 2.090 at the close. Nig Brew (LAGOS:NB) added 1.42% or 1.80 points to end at 126.50 and Skye Bank (LAGOS:SKYEBAN) was up 1.19% or 0.010 points to 0.800 in late trade.

Biggest losers included Union Bank LG (LAGOS:UBN), which lost 4.48% or 0.30 points to trade at 6.40 in late trade. Fidelitybk (LAGOS:FIDELIT) declined 3.59% or 0.090 points to end at 2.420 and Wemabank (LAGOS:WEMABAN) shed 3.30% or 0.030 points to 0.900.

Declining stocks outnumbered rising ones by 51 to 37 and 14 ended unchanged on the Lagos.

In commodities trading, Crude oil for June delivery was up 1.89% or 1.29 to $69.72 a barrel. Meanwhile, Brent oil for delivery in July rose 1.60% or 1.18 to hit $74.80 a barrel, while the June Gold Futures contract rose 0.11% or 1.40 to trade at $1314.10 a troy ounce.

EUR/NGN was down 0.12% to 430.840, while USD/NGN fell 0.14% to 359.500.

The US Dollar Index Futures was up 0.15% at 92.42.

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