Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors propelled shares higher.
At the close in Lagos, the NSE 30 rose 0.88%.
The biggest gainers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 9.96% or 0.24 points to trade at 2.65 at the close. Dangsugar (LAGOS:DANGSUG) added 4.84% or 0.25 points to end at 5.42 and Diamond Bank (LAGOS:DIAMONB) was up 3.73% or 0.05 points to 1.40 in late trade.
Biggest losers included Skye Bank (LAGOS:SKYEBAN), which lost 5.88% or 0.06 points to trade at 0.96 in late trade. Wemabank (LAGOS:WEMABAN) declined 2.70% or 0.020 points to end at 0.720 and Nestle Nig (LAGOS:NESTLE) 0.00% or 0.00 points to 619.80.
Advancing stocks outnumbered falling ones by 23 to 11 and 56 ended unchanged on the Lagos.
In commodities trading, Crude oil for June delivery was up 3.32% or 1.41 to $43.88 a barrel. Meanwhile, Brent oil for delivery in June rose 3.61% or 1.59 to hit $45.62 a barrel, while the June Gold contract rose 0.10% or 1.30 to trade at $1255.60 a troy ounce.
EUR/NGN was up 0.22% to 226.280, while USD/NGN fell 0.03% to 199.100.
The US Dollar Index was up 0.26% at 94.31.