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Nigeria shares higher at close of trade; NSE 30 up 0.33%

Published 12/05/2018, 03:15 am
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.33%
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Investing.com – Nigeria equities were higher at the close on Friday, as gains in the Oil & Gas, Banking and Food, Beverages & Tobacco sectors propelled shares higher.

At the close in Lagos, the NSE 30 added 0.33%.

The biggest gainers of the session on the NSE 30 were Zenithbank (LAGOS:ZENITHB), which rose 3.40% or 0.95 points to trade at 28.90 at the close. Unilever Nig (LAGOS:UNILEVE) added 2.20% or 1.10 points to end at 51.00 and Fidelitybk (LAGOS:FIDELIT) was up 1.61% or 0.040 points to 2.510 in late trade.

Biggest losers included Diamond Bank (LAGOS:DIAMONB), which lost 5.00% or 0.100 points to trade at 1.900 in late trade. Pz Cussons LG (LAGOS:PZ) declined 4.90% or 1.10 points to end at 21.35 and Union Bank LG (LAGOS:UBN) shed 4.44% or 0.30 points to 6.45.

Declining stocks outnumbered rising ones by 53 to 40 and 12 ended unchanged on the Lagos.

In commodities trading, Crude oil for June delivery was down 0.55% or 0.39 to $70.97 a barrel. Meanwhile, Brent oil for delivery in July fell 0.17% or 0.13 to hit $77.34 a barrel, while the June Gold Futures contract fell 0.05% or 0.60 to trade at $1321.70 a troy ounce.

EUR/NGN was up 0.43% to 429.870, while USD/NGN unchanged 0.00% to 361.000.

The US Dollar Index Futures was down 0.23% at 92.36.

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