Investing.com – Nigeria equities were higher at the close on Tuesday, as gains in the Food, Beverages & Tobacco, Banking and Insurance sectors propelled shares higher.
At the close in Lagos, the NSE 30 rose 3.15% to hit a new 1-month high.
The biggest gainers of the session on the NSE 30 were Nestle Nig (LAGOS:NESTLE), which rose 10.25% or 63.06 points to trade at 678.32 at the close. Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) added 8.91% or 0.27 points to end at 3.30 and Nig Brew (LAGOS:NB) was up 5.00% or 5.79 points to 121.68 in late trade.
Biggest losers included Fidelitybk (LAGOS:FIDELIT), which lost 5.98% or 0.07 points to trade at 1.10 in late trade. Wemabank (LAGOS:WEMABAN) declined 5.00% or 0.040 points to end at 0.760 and Firstcity Bnk (LAGOS:FCMB) shed 5.00% or 0.05 points to 0.95.
Advancing stocks outnumbered falling ones by 33 to 12 and 44 ended unchanged on the Lagos.
In commodities trading, Crude oil for June delivery was down 2.66% or 1.19 to $43.59 a barrel. Meanwhile, Brent oil for delivery in July fell 1.79% or 0.82 to hit $45.01 a barrel, while the June Gold contract fell 0.42% or 5.45 to trade at $1290.35 a troy ounce.
EUR/NGN was up 0.91% to 230.520, while USD/NGN rose 0.01% to 199.090.
The US Dollar Index was up 0.18% at 92.70.