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Nigeria shares higher at close of trade; NSE 30 up 0.98%

Published 29/01/2018, 17:15
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.98%
DANGSUG
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DIAMONB
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FIDELIT
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GUINNES
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NESTLE
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SKYEBAN
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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 Monday, as gains in the Banking, Insurance and Oil & Gas sectors propelled shares higher.

At the close in Lagos, the NSE 30 rose 0.98%.

The biggest gainers of the session on the NSE 30 were Diamond Bank (LAGOS:DIAMONB), which rose 9.85% or 0.260 points to trade at 2.900 at the close. Fidelitybk (LAGOS:FIDELIT) added 9.60% or 0.340 points to end at 3.880 and Skye Bank (LAGOS:SKYEBAN) was up 9.38% or 0.120 points to 1.400 in late trade.

Biggest losers included Dangsugar (LAGOS:DANGSUG), which lost 4.56% or 1.00 points to trade at 21.10 in late trade. Nestle Nig (LAGOS:NESTLE) declined 3.00% or 45.00 points to end at 1455.00 and Guiness Nig (LAGOS:GUINNES) shed 1.79% or 2.00 points to 111.50.

Advancing stocks outnumbered falling ones by 49 to 39 and 7 ended unchanged on the Lagos.

In commodities trading, Crude oil for March delivery was down 1.06% or 0.70 to $65.44 a barrel. Meanwhile, Brent oil for delivery in April fell 1.48% or 1.04 to hit $69.11 a barrel, while the February Gold Futures contract fell 1.05% or 14.20 to trade at $1337.90 a troy ounce.

EUR/NGN was down 0.37% to 446.780, while USD/NGN unchanged 0.00% to 360.000.

The US Dollar Index Futures was up 0.55% at 89.36.

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