Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Food, Beverages & Tobacco, Insurance and Banking sectors propelled shares higher.
At the close in Lagos, the NSE 30 added 0.26%.
The biggest gainers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 4.76% or 2.00 points to trade at 43.97 at the close. Nestle Nig (LAGOS:NESTLE) added 3.46% or 39.80 points to end at 1190.00 and Dangsugar (LAGOS:DANGSUG) was up 1.25% or 0.17 points to 13.71 in late trade.
Biggest losers included Diamond Bank (LAGOS:DIAMONB), which lost 4.17% or 0.050 points to trade at 1.150 in late trade. Skye Bank (LAGOS:SKYEBAN) declined 3.64% or 0.020 points to end at 0.530 and Stanbicibtc Hl (LAGOS:IBTC) shed 2.89% or 1.19 points to 41.00.
Declining stocks outnumbered rising ones by 36 to 32 and 22 ended unchanged on the Lagos.
In commodities trading, Crude oil for October delivery was up 1.70% or 0.82 to $49.05 a barrel. Meanwhile, Brent oil for delivery in November rose 1.29% or 0.70 to hit $54.97 a barrel, while the December Gold Futures contract fell 0.35% or 4.69 to trade at $1328.01 a troy ounce.
EUR/NGN was up 0.77% to 430.880, while USD/NGN rose 1.27% to 359.500.
The US Dollar Index Futures was up 0.58% at 92.42.