Investing.com – Nigeria equities were higher at the close on Friday, as gains in the Banking, Insurance and Oil & Gas sectors propelled shares higher.
At the close in Lagos, the NSE 30 added 0.91% to hit a new 1-month high.
The biggest gainers of the session on the NSE 30 were Wapco (LAGOS:WAPCO), which rose 9.89% or 5.40 points to trade at 60.00 at the close. Skye Bank (LAGOS:SKYEBAN) added 5.80% or 0.040 points to end at 0.730 and Zenithbank (LAGOS:ZENITHB) was up 4.08% or 0.90 points to 22.61 in late trade.
Biggest losers included Union Bank LG (LAGOS:UBN), which lost 3.11% or 0.17 points to trade at 5.40 in late trade. Fbn Holdings (LAGOS:FBNH) declined 2.44% or 0.150 points to end at 6.000 and Diamond Bank (LAGOS:DIAMONB) shed 2.34% or 0.030 points to 1.250.
Advancing stocks outnumbered falling ones by 42 to 35 and 21 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was down 2.15% or 1.01 to $45.91 a barrel. Meanwhile, Brent oil for delivery in September fell 2.05% or 1.01 to hit $48.29 a barrel, while the August Gold Futures contract rose 0.61% or 7.65 to trade at $1253.15 a troy ounce.
EUR/NGN was up 1.37% to 367.100, while USD/NGN fell 9.93% to 315.250.
The US Dollar Index Futures was down 0.35% at 93.75.