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Nigeria shares higher at close of trade; NSE 30 up 0.28%

Published 27/04/2016, 03:15 am
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.28%
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Investing.com – Nigeria equities were higher at the close on Tuesday, as gains in the Insurance, Banking and Oil & Gas sectors propelled shares higher.

At the close in Lagos, the NSE 30 added 0.28%.

The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 2.86% or 0.020 points to trade at 0.720 at the close. Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) added 2.84% or 0.08 points to end at 2.90 and Dangsugar (LAGOS:DANGSUG) was up 2.75% or 0.16 points to 5.99 in late trade.

Biggest losers included Stanbicibtc Hl (LAGOS:IBTC), which lost 3.78% or 0.54 points to trade at 14.30 in late trade. Guiness Nig (LAGOS:GUINNES) declined 2.06% or 2.00 points to end at 94.40 and Access Bank (LAGOS:ACCESS) 0.00% or 0.00 points to 3.90.

Advancing stocks outnumbered falling ones by 22 to 8 and 59 ended unchanged on the Lagos.

In commodities trading, Crude oil for June delivery was up 3.07% or 1.31 to $43.95 a barrel. Meanwhile, Brent oil for delivery in July rose 2.73% or 1.21 to hit $45.53 a barrel, while the June Gold contract rose 0.15% or 1.85 to trade at $1242.05 a troy ounce.

EUR/NGN was down 0.24% to 223.490, while USD/NGN unchanged 0.00% to 199.150.

The US Dollar Index was down 0.19% at 94.56.

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