Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Insurance, Food, Beverages & Tobacco and Banking sectors propelled shares higher.
At the close in Lagos, the NSE 30 rose 0.03% to hit a new 1-month high.
The biggest gainers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 4.95% or 1.60 points to trade at 32.01 at the close. Guiness Nig (LAGOS:GUINNES) added 2.94% or 2.00 points to end at 70.00 and Zenithbank (LAGOS:ZENITHB) was up 2.83% or 0.39 points to 14.16 in late trade.
Biggest losers included Fidelitybk (LAGOS:FIDELIT), which lost 1.20% or 0.010 points to trade at 0.820 in late trade. Access Bank (LAGOS:ACCESS) declined 1.06% or 0.07 points to end at 6.52 and Nestle Nig (LAGOS:NESTLE) shed 0.68% or 4.99 points to 730.00.
Advancing stocks outnumbered falling ones by 19 to 17 and 51 ended unchanged on the Lagos.
In commodities trading, Crude oil for April delivery was up 1.59% or 0.76 to $48.48 a barrel. Meanwhile, Brent oil for delivery in May rose 1.28% or 0.65 to hit $51.57 a barrel, while the April Gold Futures contract fell 0.24% or 2.85 to trade at $1199.75 a troy ounce.
EUR/NGN was down 0.02% to 334.050, while USD/NGN fell 0.10% to 314.450.
The US Dollar Index Futures was down 0.28% at 101.34.