Nigeria's Diamond Bank rises 10 pct on results

LAGOS, Oct 9 (Reuters) - Nigeria's Diamond Bank rose the maximum 10 percent allowed on the bourse on Tuesday, after posting a pretax profit of 23.2 billion naira ($147.65 million) for the first nine months of the year, compared with a loss of 6.9 billion naira in the same period a year ago.

Diamond Bank shares rose to a 13-month high on the news to value the lender at $340.5 million.

($1 = 157.1250 naira)

(Reporting by Chijioke Ohuocha; Editing by Tim Cocks)

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