Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Insurance, Banking and Food, Beverages & Tobacco sectors propelled shares higher.
At the close in Lagos, the NSE 30 rose 0.04%.
The biggest gainers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 10.02% or 0.46 points to trade at 5.05 at the close. Diamond Bank (LAGOS:DIAMONB) added 4.97% or 0.08 points to end at 1.69 and Firstcity Bnk (LAGOS:FCMB) was up 4.81% or 0.05 points to 1.08 in late trade.
Biggest losers included Wemabank (LAGOS:WEMABAN), which lost 8.75% or 0.070 points to trade at 0.760 in late trade. Dangsugar (LAGOS:DANGSUG) declined 1.03% or 0.06 points to end at 5.77 and Wapco (LAGOS:WAPCO) shed 0.72% or 0.50 points to 69.00.
Advancing stocks outnumbered falling ones by 30 to 20 and 38 ended unchanged on the Lagos.
In commodities trading, Crude oil for June delivery was up 3.27% or 1.46 to $46.12 a barrel. Meanwhile, Brent oil for delivery in July rose 3.84% or 1.75 to hit $47.27 a barrel, while the June Gold contract rose 0.77% or 9.75 to trade at $1274.55 a troy ounce.
EUR/NGN was up 0.16% to 226.760, while USD/NGN unchanged 0.00% to 199.100.
The US Dollar Index was down 0.50% at 93.75.