Nigeria shares higher at close of trade; NSE 30 up 0.59%

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Nigeria shares higher at close of trade; NSE 30 up 0.59%
Credit: © Reuters. – Nigeria equities were higher at the close on Friday, as gains in the Oil & Gas , Food, Beverages & Tobacco and Banking sectors propelled shares higher.

At the close in Lagos, the NSE 30 gained 0.59%.

The biggest gainers of the session on the NSE 30 were Wapco (LAGOS: WAPCO ), which rose 8.70% or 3.00 points to trade at 35.55 at the close. Union Bank LG (LAGOS: UBN ) added 3.45% or 0.20 points to end at 5.80 and Dangsugar (LAGOS: DANGSUG ) was up 2.94% or 0.50 points to 17.50 in late trade.

Biggest losers included Pz Cussons LG (LAGOS: PZ ), which lost 9.74% or 1.85 points to trade at 17.15 in late trade. Skye Bank (LAGOS: SKYEBAN ) declined 3.08% or 0.020 points to end at 0.650 and Uacn Prop (LAGOS: UACN ) shed 1.48% or 0.20 points to 13.30.

Declining stocks outnumbered rising ones by 61 to 29 and 17 ended unchanged on the Lagos.

In commodities trading, Crude oil for August delivery was up 1.00% or 0.70 to $71.03 a barrel. Meanwhile, Brent oil for delivery in September rose 1.10% or 0.82 to hit $75.27 a barrel, while the August Gold Futures contract fell 0.38% or 4.70 to trade at $1241.90 a troy ounce.

EUR/NGN was down 0.07% to 355.640, while USD/NGN unchanged 0.00% to 361.000.

The US Dollar Index Futures was up 0.01% at 94.58.

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