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Nigeria stocks higher at close of trade; NSE 30 up 0.10%

Published 09/23/2016, 01:15 PM
© Reuters.  Nigeria stocks higher at close of trade; NSE 30 up 0.10%

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

At the close in Lagos, the NSE 30 rose 0.10%.

The best performers of the session on the NSE 30 were Firstcity Bnk (LAGOS:FCMB), which rose 5.00% or 0.05 points to trade at 1.05 at the close. Meanwhile, Wemabank (LAGOS:WEMABAN) added 4.69% or 0.030 points to end at 0.640 and Pz Cussons LG (LAGOS:PZ) was up 4.22% or 0.84 points to 20.75 in late trade.

The worst performers of the session were Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which fell 3.37% or 0.13 points to trade at 3.72 at the close. Guaranty Bnk (LAGOS:GUARANT) declined 2.86% or 0.74 points to end at 25.09 and Zenithbank (LAGOS:ZENITHB) was down 1.20% or 0.19 points to 15.59.

Rising stocks outnumbered declining ones on the Lagos Stock Exchange by 22 to 13 and 55 ended unchanged.

Crude oil for November delivery was down 4.12% or 1.91 to $44.41 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 3.80% or 1.81 to hit $45.84 a barrel, while the December Gold contract fell 0.16% or 2.15 to trade at $1342.55 a troy ounce.

EUR/NGN was up 0.05% to 353.830, while USD/NGN fell 2.62% to 315.500.

The US Dollar Index was up 0.05% at 95.36.

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