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Nigeria shares lower at close of trade; NSE 30 down 0.37%

Published 14/06/2016, 18:15
Updated 14/06/2016, 18:15
© Reuters.  Nigeria shares lower at close of trade; NSE 30 down 0.37%

Investing.com – Nigeria equities were lower at the close on Tuesday, as losses in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors propelled shares lower.

At the close in Lagos, the NSE 30 declined 0.37%.

The biggest gainers of the session on the NSE 30 were Stanbicibtc Hl (LAGOS:IBTC), which rose 4.61% or 0.70 points to trade at 15.89 at the close. Wapco (LAGOS:WAPCO) added 3.11% or 2.38 points to end at 78.60 and Wemabank (LAGOS:WEMABAN) was up 1.30% or 0.010 points to 0.780 in late trade.

Biggest losers included Firstcity Bnk (LAGOS:FCMB), which lost 5.45% or 0.09 points to trade at 1.56 in late trade. Guaranty Bnk (LAGOS:GUARANT) declined 2.63% or 0.50 points to end at 18.50 and Nig Brew (LAGOS:NB) shed 2.31% or 3.03 points to 128.00.

Advancing stocks outnumbered falling ones by 22 to 17 and 55 ended unchanged on the Lagos.

In commodities trading, Crude oil for July delivery was down 1.10% or 0.54 to $48.34 a barrel. Meanwhile, Brent oil for delivery in August fell 1.37% or 0.69 to hit $49.66 a barrel, while the August Gold contract fell 0.08% or 1.05 to trade at $1285.85 a troy ounce.

EUR/NGN was up 0.04% to 223.290, while USD/NGN fell 90.05% to 19.800.

The US Dollar Index was up 0.54% at 94.93.

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