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Nigeria stocks lower at close of trade; NSE 30 down 0.24%

Nigeria stocks lower at close of trade; NSE 30 down 0.24%

© Reuters. Nigeria stocks lower at close of trade; NSE 30 down 0.24% Investing.com – Nigeria stocks were lower after the close on Friday, as losses in the Banking , Oil & Gas and Insurance sectors led shares lower.

At the close in Lagos, the NSE 30 lost 0.24% to hit a new 52-week low.

The best performers of the session on the NSE 30 were Skye Bank (LAGOS: SKYEBAN ), which rose 9.43% or 0.050 points to trade at 0.580 at the close. Meanwhile, Diamond Bank (LAGOS: DIAMONB ) added 8.13% or 0.100 points to end at 1.330 and Dangsugar (LAGOS: DANGSUG ) was up 5.96% or 0.90 points to 15.90 in late trade.

The worst performers of the session were Nestle Nig (LAGOS: NESTLE ), which fell 10.00% or 150.00 points to trade at 1350.00 at the close. Wemabank (LAGOS: WEMABAN ) declined 9.52% or 0.060 points to end at 0.610 and Union Bank LG (LAGOS: UBN ) was down 9.40% or 0.55 points to 5.40.

Falling stocks outnumbered advancing ones on the Lagos by 45 to 31 and 19 ended unchanged.

Crude oil for October delivery was down 0.56% or 0.38 to $67.39 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.18% or 0.14 to hit $76.36 a barrel, while the December Gold Futures contract fell 0.40% or 4.80 to trade at $1199.50 a troy ounce.

EUR/NGN was down 0.02% to 417.950, while USD/NGN rose 0.09% to 359.800.

The US Dollar Index Futures was up 0.44% at 95.41.

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