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Nigeria shares lower at close of trade; NSE 30 down 0.68%

Stock MarketsAug 20, 2015 17:16
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© Reuters. Nigeria shares lower at close of trade; NSE 30 down 0.68%

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

At the close in Lagos, the NSE 30 declined 0.68% to hit a new 3-month low.

The biggest gainers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 7.95% or 0.14 points to trade at 1.91 at the close. Nestle Nig (LAGOS:NESTLE) added 5.00% or 42.00 points to end at 882.00 and Access Bank (LAGOS:ACCESS) was up 4.91% or 0.20 points to 4.27 in late trade.

Biggest losers included Wemabank (LAGOS:WEMABAN), which lost 7.06% or 0.060 points to trade at 0.820 in late trade. Dangflour (LAGOS:DANGFLO) declined 4.33% or 0.13 points to end at 2.87 and Guiness Nig (LAGOS:GUINNES) shed 4.13% or 5.00 points to 117.98.

Declining stocks outnumbered rising ones by 30 to 17 and 38 ended unchanged on the Lagos.

In commodities trading, Crude oil for October delivery was up 0.44% or 0.18 to $41.45 a barrel. Meanwhile, Brent oil for delivery in October fell 0.39% or 0.18 to hit $46.98 a barrel, while the December Gold contract rose 1.93% or 21.80 to trade at $1149.70 a troy ounce.

EUR/NGN was up 1.53% to 222.480, while USD/NGN rose 0.33% to 199.165.

The US Dollar Index was down 0.48% at 95.96.

Nigeria shares lower at close of trade; NSE 30 down 0.68%
 

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