Investing.com – Nigeria equities were higher at the close on Tuesday, as gains in the Insurance, Oil & Gas and Food, Beverages & Tobacco sectors propelled shares higher.
At the close in Lagos, the NSE 30 gained 0.49% to hit a new 1-month high.
The biggest gainers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 4.63% or 0.10 points to trade at 2.26 at the close. Union Bank LG (LAGOS:UBN) added 4.36% or 0.26 points to end at 6.20 and Nig Brew (LAGOS:NB) was up 2.64% or 3.60 points to 140.03 in late trade.
Biggest losers included Diamond Bank (LAGOS:DIAMONB), which lost 4.57% or 0.16 points to trade at 3.34 in late trade. Wemabank (LAGOS:WEMABAN) unchanged 0.00% or 0.000 points to end at 0.960 and Stanbicibtc Hl (LAGOS:IBTC) shed 2.72% or 0.59 points to 21.07.
Declining stocks outnumbered rising ones by 22 to 22 and 49 ended unchanged on the Lagos.
In commodities trading, Crude oil for November delivery was down 3.24% or 1.52 to $45.44 a barrel. Meanwhile, Brent oil for delivery in November fell 1.85% or 0.91 to hit $48.02 a barrel, while the December Gold contract fell 0.70% or 7.90 to trade at $1124.90 a troy ounce.
EUR/NGN was down 1.14% to 222.010, while USD/NGN rose 0.06% to 199.150.
The US Dollar Index was up 0.48% at 96.50.