Investing.com – Nigeria equities were higher at the close on Tuesday, as gains in the Banking, Food, Beverages & Tobacco and Insurance sectors propelled shares higher.
At the close in Lagos, the NSE 30 added 0.57% to hit a new 1-month high.
The biggest gainers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 9.42% or 0.13 points to trade at 1.51 at the close. Pz Cussons LG (LAGOS:PZ) added 4.98% or 1.09 points to end at 22.90 and Fidelitybk (LAGOS:FIDELIT) was up 4.55% or 0.05 points to 1.15 in late trade.
Biggest losers included Unilever Nig (LAGOS:UNILEVE), which lost 3.45% or 1.00 points to trade at 28.00 in late trade. Wapco (LAGOS:WAPCO) declined 3.40% or 2.87 points to end at 82.01 and Firstcity Bnk (LAGOS:FCMB) shed 1.32% or 0.01 points to 0.75.
Advancing stocks outnumbered falling ones by 20 to 16 and 49 ended unchanged on the Lagos.
In commodities trading, Crude oil for April delivery was up 2.37% or 0.80 to $34.55 a barrel. Meanwhile, Brent oil for delivery in May rose 1.34% or 0.49 to hit $37.06 a barrel, while the April Gold contract fell 0.34% or 4.20 to trade at $1230.20 a troy ounce.
EUR/NGN was up 0.51% to 216.690, while USD/NGN unchanged 0.00% to 199.150.
The US Dollar Index was up 0.22% at 98.50.