Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Oil & Gas, Insurance and Banking sectors propelled shares higher.
At the close in Lagos, the NSE 30 gained 0.07%.
The biggest gainers of the session on the NSE 30 were Fidelitybk (LAGOS:FIDELIT), which rose 3.66% or 0.030 points to trade at 0.850 at the close. Guiness Nig (LAGOS:GUINNES) added 3.17% or 2.42 points to end at 78.74 and Fbn Holdings (LAGOS:FBNH) was up 3.01% or 0.100 points to 3.420 in late trade.
Biggest losers included Dangsugar (LAGOS:DANGSUG), which lost 2.14% or 0.13 points to trade at 5.95 in late trade. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) declined 1.34% or 0.05 points to end at 3.69 and Diamond Bank (LAGOS:DIAMONB) shed 1.16% or 0.010 points to 0.850.
Declining stocks outnumbered rising ones by 20 to 16 and 66 ended unchanged on the Lagos.
In commodities trading, Crude oil for January delivery was down 1.39% or 0.71 to $50.22 a barrel. Meanwhile, Brent oil for delivery in February fell 1.02% or 0.55 to hit $53.38 a barrel, while the February Gold contract rose 0.64% or 7.45 to trade at $1177.55 a troy ounce.
EUR/NGN was down 0.12% to 337.940, while USD/NGN fell 0.16% to 316.000.
The US Dollar Index was down 0.22% at 100.29.