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Nigeria stocks lower at close of trade; NSE 30 down 0.19%

Published 11/07/2015, 02:15 am
Updated 11/07/2015, 02:16 am
© Reuters.  Nigeria stocks lower at close of trade; NSE 30 down 0.19%

Investing.com – Nigeria stocks were lower after the close on Friday, as losses in the Oil & Gas, Food, Beverages & Tobacco and Insurance sectors led shares lower.

At the close in Lagos, the NSE 30 lost 0.19% to hit a new 3-months low.

The best performers of the session on the NSE 30 were Zenithbank (LAGOS:ZENITHB), which rose 1.28% or 0.24 points to trade at 18.91 at the close. Meanwhile, Wapco (LAGOS:WAPCO) added 0.88% or 0.89 points to end at 102.98 and Guiness Nig (LAGOS:GUINNES) was up 0.63% or 0.87 points to 138.60 in late trade.

The worst performers of the session were Unilever Nig (LAGOS:UNILEVE), which fell 5.00% or 2.10 points to trade at 39.90 at the close. Skye Bank (LAGOS:SKYEBAN) declined 2.65% or 0.06 points to end at 2.26 and Fidelitybk (LAGOS:FIDELIT) was 0.00% or 0.00 points to 1.62.

Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 22 to 18 and 56 ended unchanged.

Crude oil for August delivery was down 0.21% or 0.11 to $52.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.06% or 0.04 to hit $58.58 a barrel, while the August Gold contract rose 0.37% or 4.30 to trade at $1163.50 a troy ounce.

EUR/NGN was up 1.47% to 222.960, while USD/NGN unchanged 0.00% to 199.000.

The US Dollar Index was down 0.72% at 95.97.

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