Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Banking, Food, Beverages & Tobacco and Insurance sectors propelled shares higher.
At the close in Lagos, the NSE 30 rose 1.70% to hit a new 3-year high.
The biggest gainers of the session on the NSE 30 were Fbn Holdings (LAGOS:FBNH), which rose 10.12% or 0.780 points to trade at 8.490 at the close. Diamond Bank (LAGOS:DIAMONB) added 9.29% or 0.130 points to end at 1.530 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) was up 7.96% or 0.89 points to 12.07 in late trade.
Biggest losers included Total Nig (LAGOS:TOTAL), which lost 4.15% or 9.95 points to trade at 230.05 in late trade. Pz Cussons LG (LAGOS:PZ) declined 3.89% or 0.89 points to end at 22.03 and Wapco (LAGOS:WAPCO) shed 2.03% or 1.01 points to 48.79.
Advancing stocks outnumbered falling ones by 53 to 26 and 23 ended unchanged on the Lagos.
In commodities trading, Crude oil for January delivery was down 2.48% or 1.43 to $56.19 a barrel. Meanwhile, Brent oil for delivery in February fell 2.15% or 1.35 to hit $61.51 a barrel, while the February Gold Futures contract rose 0.13% or 1.60 to trade at $1266.50 a troy ounce.
EUR/NGN was down 0.45% to 425.260, while USD/NGN fell 0.14% to 360.000.
The US Dollar Index Futures was up 0.36% at 93.61.