Investing.com – Nigeria equities were higher at the close on Friday, as gains in the Oil & Gas, Banking and Food, Beverages & Tobacco sectors propelled shares higher.
At the close in Lagos, the NSE 30 gained 2.26%.
The biggest gainers of the session on the NSE 30 were Dangsugar (LAGOS:DANGSUG), which rose 10.00% or 0.66 points to trade at 7.26 at the close. Guiness Nig (LAGOS:GUINNES) added 9.97% or 11.51 points to end at 127.00 and Skye Bank (LAGOS:SKYEBAN) was up 9.86% or 0.21 points to 2.34 in late trade.
Biggest losers included Nestle Nig (LAGOS:NESTLE), which lost 9.75% or 89.47 points to trade at 828.22 in late trade. Wemabank (LAGOS:WEMABAN) declined 1.11% or 0.010 points to end at 0.890 and Dangflour (LAGOS:DANGFLO) shed 0.37% or 0.01 points to 2.69.
Advancing stocks outnumbered falling ones by 39 to 16 and 34 ended unchanged on the Lagos.
In commodities trading, Crude oil for October delivery was up 6.32% or 2.69 to $45.25 a barrel. Meanwhile, Brent oil for delivery in October rose 5.73% or 2.73 to hit $50.28 a barrel, while the December Gold contract rose 0.90% or 10.10 to trade at $1132.70 a troy ounce.
EUR/NGN was down 0.16% to 224.520, while USD/NGN fell 0.10% to 199.060.
The US Dollar Index was up 0.44% at 96.17.