Investing.com – Nigeria equities were higher at the close on Friday, as gains in the Food, Beverages & Tobacco, Banking and Insurance sectors propelled shares higher.
At the close in Lagos, the NSE 30 rose 0.45% to hit a new 1-month high.
The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 8.00% or 0.040 points to trade at 0.540 at the close. Nig Brew (LAGOS:NB) added 4.22% or 5.99 points to end at 147.99 and Guiness Nig (LAGOS:GUINNES) was up 3.81% or 3.05 points to 81.00 in late trade.
Biggest losers included Fbn Holdings (LAGOS:FBNH), which lost 3.18% or 0.110 points to trade at 3.350 in late trade. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) declined 2.07% or 0.09 points to end at 4.13 and Zenithbank (LAGOS:ZENITHB) shed 0.94% or 0.14 points to 14.51.
Advancing stocks outnumbered falling ones by 22 to 16 and 42 ended unchanged on the Lagos.
In commodities trading, Crude oil for February delivery was down 0.17% or 0.09 to $53.68 a barrel. Meanwhile, Brent oil for delivery in March fell 0.25% or 0.14 to hit $56.71 a barrel, while the February Gold contract fell 0.19% or 2.15 to trade at $1155.95 a troy ounce.
EUR/NGN was up 1.01% to 321.750, while USD/NGN unchanged 0.00% to 314.980.
The US Dollar Index was down 0.48% at 102.17.