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Nigeria stocks lower at close of trade; NSE 30 down 0.13%

Published 11/09/2017, 12:15 PM
© Reuters.  Nigeria stocks lower at close of trade; NSE 30 down 0.13%
DIAMONB
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FBNH
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FIDELIT
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GTCO
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PZ
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WAPCO
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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 stocks were lower after the close on Thursday, as losses in the Banking, Food, Beverages & Tobacco and Insurance sectors led shares lower.

At the close in Lagos, the NSE 30 declined 0.13%.

The best performers of the session on the NSE 30 were Pz Cussons LG (LAGOS:PZ), which rose 1.09% or 0.25 points to trade at 23.25 at the close. Meanwhile, Guaranty Bnk (LAGOS:GUARANT) added 0.95% or 0.40 points to end at 42.50 and Fbn Holdings (LAGOS:FBNH) was up 0.70% or 0.050 points to 7.250 in late trade.

The worst performers of the session were Wapco (LAGOS:WAPCO), which fell 4.66% or 2.40 points to trade at 49.05 at the close. Fidelitybk (LAGOS:FIDELIT) declined 4.14% or 0.070 points to end at 1.620 and Diamond Bank (LAGOS:DIAMONB) was down 3.31% or 0.040 points to 1.170.

Rising stocks outnumbered declining ones on the Lagos by 36 to 31 and 26 ended unchanged.

Shares in Guaranty Bnk (LAGOS:GUARANT) rose to all time highs; rising 0.95% or 0.40 to 42.50. Shares in Fbn Holdings (LAGOS:FBNH) rose to 52-week highs; up 0.70% or 0.050 to 7.250.

Crude oil for December delivery was up 0.81% or 0.46 to $57.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.80% or 0.51 to hit $64.00 a barrel, while the December Gold Futures contract rose 0.27% or 3.45 to trade at $1287.15 a troy ounce.

EUR/NGN was up 0.37% to 419.040, while USD/NGN rose 0.14% to 356.000.

The US Dollar Index Futures was down 0.39% at 94.40.

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