Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Oil & Gas, Food, Beverages & Tobacco and Banking sectors propelled shares higher.
At the close in Lagos, the NSE 30 added 0.97% to hit a new 52-week high.
The biggest gainers of the session on the NSE 30 were Dangsugar (LAGOS:DANGSUG), which rose 9.99% or 0.82 points to trade at 9.03 at the close. Uacn Prop (LAGOS:UACN) added 6.86% or 1.08 points to end at 16.83 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) was up 5.45% or 0.24 points to 4.64 in late trade.
Biggest losers included Fbn Holdings (LAGOS:FBNH), which lost 9.22% or 0.650 points to trade at 6.400 in late trade. Union Bank LG (LAGOS:UBN) declined 4.93% or 0.30 points to end at 5.78 and Fidelitybk (LAGOS:FIDELIT) shed 3.08% or 0.040 points to 1.260.
Declining stocks outnumbered rising ones by 50 to 37 and 25 ended unchanged on the Lagos.
In commodities trading, Crude oil for July delivery was down 4.67% or 2.25 to $45.94 a barrel. Meanwhile, Brent oil for delivery in August fell 3.71% or 1.86 to hit $48.26 a barrel, while the August Gold Futures contract fell 0.31% or 3.98 to trade at $1293.52 a troy ounce.
EUR/NGN was down 0.34% to 352.900, while USD/NGN rose 0.15% to 324.500.
The US Dollar Index Futures was up 0.08% at 96.58.