Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Banking, Food, Beverages & Tobacco and Insurance sectors propelled shares higher.
At the close in Lagos, the NSE 30 rose 0.58%.
The biggest gainers of the session on the NSE 30 were Zenithbank (LAGOS:ZENITHB), which rose 4.02% or 0.58 points to trade at 15.02 at the close. Firstcity Bnk (LAGOS:FCMB) added 3.42% or 0.04 points to end at 1.21 and Dangsugar (LAGOS:DANGSUG) was up 3.33% or 0.20 points to 6.02 in late trade.
Biggest losers included Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which lost 9.68% or 0.55 points to trade at 5.13 in late trade. Skye Bank (LAGOS:SKYEBAN) declined 6.84% or 0.08 points to end at 1.13 and Unilever Nig (LAGOS:UNILEVE) shed 2.41% or 0.79 points to 33.00.
Declining stocks outnumbered rising ones by 23 to 22 and 40 ended unchanged on the Lagos.
In commodities trading, Crude oil for June delivery was up 0.79% or 0.38 to $48.69 a barrel. Meanwhile, Brent oil for delivery in July rose 0.43% or 0.21 to hit $49.49 a barrel, while the June Gold contract fell 0.27% or 3.40 to trade at $1273.50 a troy ounce.
EUR/NGN was down 0.34% to 224.580, while USD/NGN fell 0.05% to 199.050.
The US Dollar Index was up 0.12% at 94.66.