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Nigeria shares higher at close of trade; NSE 30 up 0.40%

Published 30/11/2017, 17:15
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.40%
DIAMONB
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FIDELIT
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GUINNES
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NB
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TOTAL
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UACN
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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 equities were higher at the close on Thursday, as gains in the Oil & Gas, Banking and Insurance sectors propelled shares higher.

At the close in Lagos, the NSE 30 gained 0.40% to hit a new 3-month high.

The biggest gainers of the session on the NSE 30 were Total Nig (LAGOS:TOTAL), which rose 4.78% or 11.00 points to trade at 234.00 at the close. Fidelitybk (LAGOS:FIDELIT) added 3.52% or 0.070 points to end at 2.060 and Diamond Bank (LAGOS:DIAMONB) was up 2.44% or 0.030 points to 1.260 in late trade.

Biggest losers included Nig Brew (LAGOS:NB), which lost 3.92% or 5.40 points to trade at 132.30 in late trade. Uacn Prop (LAGOS:UACN) declined 2.91% or 0.51 points to end at 16.99 and Guiness Nig (LAGOS:GUINNES) shed 1.09% or 1.07 points to 98.49.

Advancing stocks outnumbered falling ones by 39 to 35 and 25 ended unchanged on the Lagos.

In commodities trading, Crude oil for January delivery was down 0.10% or 0.06 to $57.24 a barrel. Meanwhile, Brent oil for delivery in February fell 0.18% or 0.11 to hit $62.42 a barrel, while the December Gold Futures contract fell 0.68% or 8.75 to trade at $1273.35 a troy ounce.

EUR/NGN was down 0.05% to 426.110, while USD/NGN fell 28.89% to 256.000.

The US Dollar Index Futures was down 0.19% at 93.04.

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