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Nigeria stocks lower at close of trade; NSE 30 down 0.52%

Nigeria stocks lower at close of trade; NSE 30 down 0.52%

© Reuters. Nigeria stocks lower at close of trade; NSE 30 down 0.52% Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Insurance , Food, Beverages & Tobacco and Banking sectors led shares lower.

The best performers of the session on the NSE 30 were Skye Bank (LAGOS: SKYEBAN ), which rose 9.62% or 0.050 points to trade at 0.560 at the close. Meanwhile, Pz Cussons LG (LAGOS: PZ ) added 7.14% or 1.00 points to end at 14.50 and Diamond Bank (LAGOS: DIAMONB ) was up 6.92% or 0.090 points to 1.390 in late trade.

The worst performers of the session were Fbn Holdings (LAGOS: FBNH ), which fell 7.22% or 0.700 points to trade at 9.000 at the close. Union Bank LG (LAGOS: UBN ) declined 5.98% or 0.35 points to end at 5.50 and Wapco (LAGOS: WAPCO ) was down 5.56% or 1.50 points to 25.35.

Falling stocks outnumbered advancing ones on the Lagos by 52 to 40 and 9 ended unchanged.

Crude oil for October delivery was up 1.58% or 1.08 to $69.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 1.63% or 1.24 to hit $77.53 a barrel, while the December Gold Futures contract fell 0.23% or 2.80 to trade at $1211.60 a troy ounce.

EUR/NGN was down 0.44% to 421.610, while USD/NGN fell 0.09% to 361.750.

The US Dollar Index Futures was down 0.11% at 94.53.

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