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Nigeria shares higher at close of trade; NSE 30 up 0.51%

Published 2017-07-18, 01:15 p/m
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.51%
DANGFLOUR
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DANGSUG
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UBN
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UNILEVE
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WAPCO
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ZENITHB
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NGSE30
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NGSEFBT10
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Investing.com – Nigeria equities were higher at the close on Tuesday, as gains in the Food, Beverages & Tobacco, Banking and Oil & Gas sectors propelled shares higher.

At the close in Lagos, the NSE 30 rose 0.51%.

The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 5.00% or 0.27 points to trade at 5.67 at the close. Unilever Nig (LAGOS:UNILEVE) added 4.98% or 1.81 points to end at 38.19 and Dangsugar (LAGOS:DANGSUG) was up 4.39% or 0.38 points to 9.04 in late trade.

Biggest losers included Wapco (LAGOS:WAPCO), which lost 3.85% or 2.00 points to trade at 50.00 in late trade. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) declined 2.20% or 0.11 points to end at 4.88 and Zenithbank (LAGOS:ZENITHB) shed 1.91% or 0.42 points to 21.53.

Declining stocks outnumbered rising ones by 42 to 40 and 17 ended unchanged on the Lagos.

In commodities trading, Crude oil for August delivery was up 0.09% or 0.04 to $46.06 a barrel. Meanwhile, Brent oil for delivery in September rose 0.23% or 0.11 to hit $48.53 a barrel, while the August Gold Futures contract rose 0.67% or 8.29 to trade at $1241.99 a troy ounce.

EUR/NGN was up 3.58% to 363.540, while USD/NGN fell 10.29% to 314.450.

The US Dollar Index Futures was down 0.54% at 94.41.

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