Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Banking, Oil & Gas and Insurance sectors propelled shares higher.
At the close in Lagos, the NSE 30 rose 0.22%.
The biggest gainers of the session on the NSE 30 were Diamond Bank (LAGOS:DIAMONB), which rose 2.06% or 0.020 points to trade at 0.990 at the close. Wemabank (LAGOS:WEMABAN) added 2.00% or 0.010 points to end at 0.510 and Guaranty Bnk (LAGOS:GUARANT) was up 1.87% or 0.44 points to 24.00 in late trade.
Biggest losers included Guiness Nig (LAGOS:GUINNES), which lost 6.38% or 5.10 points to trade at 72.51 in late trade. Union Bank LG (LAGOS:UBN) declined 4.21% or 0.22 points to end at 5.00 and Fidelitybk (LAGOS:FIDELIT) shed 2.20% or 0.020 points to 0.880.
Advancing stocks outnumbered falling ones by 19 to 16 and 62 ended unchanged on the Lagos.
In commodities trading, Crude oil for February delivery was up 3.25% or 1.65 to $52.47 a barrel. Meanwhile, Brent oil for delivery in March rose 3.28% or 1.76 to hit $55.40 a barrel, while the February Gold contract fell 0.20% or 2.35 to trade at $1183.15 a troy ounce.
EUR/NGN was down 0.45% to 331.450, while USD/NGN rose 0.23% to 315.480.
The US Dollar Index was up 0.44% at 102.46.