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Nigeria shares higher at close of trade; NSE 30 up 0.48%

Published 29/04/2016, 03:15 am
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.48%
ACCESS
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DIAMONB
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GUINNES
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NB
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WAPCO
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WEMABAN
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NGSE30
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NGSEINS10
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NGSEFBT10
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NGSEBNK10
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Investing.com – Nigeria equities were higher at the close on Thursday, as gains in the Food, Beverages & Tobacco, Banking and Insurance sectors propelled shares higher.

At the close in Lagos, the NSE 30 rose 0.48%.

The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 5.33% or 0.040 points to trade at 0.790 at the close. Nig Brew (LAGOS:NB) added 4.06% or 4.31 points to end at 110.34 and Access Bank (LAGOS:ACCESS) was up 2.78% or 0.11 points to 4.10 in late trade.

Biggest losers included Wapco (LAGOS:WAPCO), which lost 4.96% or 3.67 points to trade at 70.30 in late trade. Diamond Bank (LAGOS:DIAMONB) declined 4.70% or 0.07 points to end at 1.42 and Guiness Nig (LAGOS:GUINNES) shed 4.21% or 4.00 points to 91.00.

Declining stocks outnumbered rising ones by 22 to 18 and 53 ended unchanged on the Lagos.

In commodities trading, Crude oil for June delivery was up 1.21% or 0.55 to $45.88 a barrel. Meanwhile, Brent oil for delivery in July rose 1.39% or 0.65 to hit $47.58 a barrel, while the June Gold contract rose 1.29% or 16.15 to trade at $1266.55 a troy ounce.

EUR/NGN was up 0.34% to 225.860, while USD/NGN fell 0.05% to 199.050.

The US Dollar Index was down 0.61% at 93.80.

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