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Nigeria shares higher at close of trade; NSE 30 up 3.19%

Published 12/01/2018, 04:15 am
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 3.19%
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Investing.com – Nigeria equities were higher at the close on Thursday, as gains in the Banking, Oil & Gas and Food, Beverages & Tobacco sectors propelled shares higher.

At the close in Lagos, the NSE 30 rose 3.19% to hit a new all time high.

The biggest gainers of the session on the NSE 30 were Fidelitybk (LAGOS:FIDELIT), which rose 9.59% or 0.280 points to trade at 3.200 at the close. Wemabank (LAGOS:WEMABAN) added 8.96% or 0.060 points to end at 0.730 and Diamond Bank (LAGOS:DIAMONB) was up 8.62% or 0.200 points to 2.520 in late trade.

Biggest losers included Dangsugar (LAGOS:DANGSUG), which lost 1.38% or 0.30 points to trade at 21.50 in late trade. Total Nig (LAGOS:TOTAL) declined 0.43% or 1.00 points to end at 229.00 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) gained 0.60% or 0.10 points to 16.81.

Advancing stocks outnumbered falling ones by 65 to 16 and 13 ended unchanged on the Lagos.

In commodities trading, Crude oil for February delivery was up 1.59% or 1.01 to $64.58 a barrel. Meanwhile, Brent oil for delivery in March rose 0.84% or 0.58 to hit $69.78 a barrel, while the February Gold Futures contract rose 0.27% or 3.50 to trade at $1322.80 a troy ounce.

EUR/NGN was down 0.52% to 430.560, while USD/NGN fell 0.14% to 360.000.

The US Dollar Index Futures was down 0.51% at 91.64.

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