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Nigeria shares lower at close of trade; NSE 30 down 0.11%

Published 18/10/2017, 18:15
© Reuters.  Nigeria shares lower at close of trade; NSE 30 down 0.11%
SKYEBAN
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TOTAL
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UACN
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UBN
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UNILEVE
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WAPCO
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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 lower at the close on Wednesday, as losses in the Oil & Gas, Insurance and Banking sectors propelled shares lower.

At the close in Lagos, the NSE 30 fell 0.11%.

The biggest gainers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 2.27% or 1.00 points to trade at 45.00 at the close. Union Bank LG (LAGOS:UBN) added 2.20% or 0.13 points to end at 6.10 and Skye Bank (LAGOS:SKYEBAN) was up 2.00% or 0.010 points to 0.510 in late trade.

Biggest losers included Uacn Prop (LAGOS:UACN), which lost 3.95% or 0.67 points to trade at 16.28 in late trade. Total Nig (LAGOS:TOTAL) declined 3.00% or 7.59 points to end at 245.41 and Wapco (LAGOS:WAPCO) shed 2.77% or 1.55 points to 54.45.

Declining stocks outnumbered rising ones by 45 to 26 and 23 ended unchanged on the Lagos.

In commodities trading, Crude oil for November delivery was up 0.33% or 0.17 to $52.05 a barrel. Meanwhile, Brent oil for delivery in December rose 0.48% or 0.28 to hit $58.16 a barrel, while the December Gold Futures contract fell 0.20% or 2.59 to trade at $1283.61 a troy ounce.

EUR/NGN was down 0.07% to 423.080, while USD/NGN rose 1.26% to 360.500.

The US Dollar Index Futures was down 0.04% at 93.32.

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