Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Food, Beverages & Tobacco, Insurance and Oil & Gas sectors propelled shares higher.
At the close in Lagos, the NSE 30 rose 0.95%.
The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 9.79% or 0.46 points to trade at 5.16 at the close. Stanbicibtc Hl (LAGOS:IBTC) added 4.96% or 0.74 points to end at 15.66 and Access Bank (LAGOS:ACCESS) was up 4.92% or 0.28 points to 5.97 in late trade.
Biggest losers included Guiness Nig (LAGOS:GUINNES), which lost 5.10% or 4.30 points to trade at 80.07 in late trade. Wemabank (LAGOS:WEMABAN) declined 3.85% or 0.020 points to end at 0.520 and Fidelitybk (LAGOS:FIDELIT) shed 3.41% or 0.030 points to 0.870.
Advancing stocks outnumbered falling ones by 30 to 16 and 56 ended unchanged on the Lagos.
In commodities trading, Crude oil for February delivery was up 0.50% or 0.27 to $54.17 a barrel. Meanwhile, Brent oil for delivery in March rose 0.40% or 0.23 to hit $57.06 a barrel, while the February Gold contract rose 0.08% or 0.95 to trade at $1139.75 a troy ounce.
EUR/NGN was down 0.35% to 328.140, while USD/NGN rose 0.24% to 315.000.
The US Dollar Index was up 0.50% at 103.51.