Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Food, Beverages & Tobacco, Insurance and Banking sectors propelled shares higher.
At the close in Lagos, the NSE 30 added 0.44% to hit a new 52-week high.
The biggest gainers of the session on the NSE 30 were Guiness Nig (LAGOS:GUINNES), which rose 10.23% or 8.12 points to trade at 87.50 at the close. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) added 9.55% or 0.61 points to end at 7.00 and Union Bank LG (LAGOS:UBN) was up 4.72% or 0.25 points to 5.56 in late trade.
Biggest losers included Wemabank (LAGOS:WEMABAN), which lost 3.77% or 0.020 points to trade at 0.510 in late trade. Total Nig (LAGOS:TOTAL) declined 3.46% or 9.00 points to end at 251.00 and Fbn Holdings (LAGOS:FBNH) shed 2.43% or 0.150 points to 6.020.
Declining stocks outnumbered rising ones by 42 to 31 and 27 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was up 0.12% or 0.06 to $49.23 a barrel. Meanwhile, Brent oil for delivery in October rose 0.38% or 0.20 to hit $52.34 a barrel, while the December Gold Futures contract rose 1.24% or 15.60 to trade at $1278.20 a troy ounce.
EUR/NGN was down 0.67% to 428.660, while USD/NGN rose 0.48% to 365.250.
The US Dollar Index Futures was down 0.01% at 93.47.