Investing.com – Nigeria equities were higher at the close on Friday, as gains in the Banking, Insurance and Food, Beverages & Tobacco sectors propelled shares higher.
At the close in Lagos, the NSE 30 added 0.68%.
The biggest gainers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 7.48% or 0.08 points to trade at 1.15 at the close. Union Bank LG (LAGOS:UBN) added 5.17% or 0.28 points to end at 5.80 and Guiness Nig (LAGOS:GUINNES) was up 5.00% or 4.85 points to 101.85 in late trade.
Biggest losers included Nestle Nig (LAGOS:NESTLE), which lost 4.97% or 37.00 points to trade at 777.00 in late trade. Skye Bank (LAGOS:SKYEBAN) declined 3.42% or 0.04 points to end at 1.13 and Firstcity Bnk (LAGOS:FCMB) shed 1.96% or 0.02 points to 1.00.
Advancing stocks outnumbered falling ones by 34 to 12 and 43 ended unchanged on the Lagos.
In commodities trading, Crude oil for March delivery was up 7.33% or 2.17 to $31.70 a barrel. Meanwhile, Brent oil for delivery in March rose 7.76% or 2.27 to hit $31.52 a barrel, while the February Gold contract rose 0.06% or 0.70 to trade at $1098.90 a troy ounce.
EUR/NGN was down 0.78% to 215.600, while USD/NGN fell 0.03% to 199.050.
The US Dollar Index was up 0.31% at 99.45.