Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Oil & Gas, Food, Beverages & Tobacco and Banking 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 Nestle Nig (LAGOS:NESTLE), which rose 4.98% or 69.00 points to trade at 1454.00 at the close. Skye Bank (LAGOS:SKYEBAN) added 4.62% or 0.030 points to end at 0.680 and Wapco (LAGOS:WAPCO) was up 2.95% or 1.25 points to 43.70 in late trade.
Biggest losers included Union Bank LG (LAGOS:UBN), which lost 3.01% or 0.20 points to trade at 6.45 in late trade. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) declined 2.23% or 0.30 points to end at 13.15 and Diamond Bank (LAGOS:DIAMONB) shed 2.13% or 0.040 points to 1.840.
Declining stocks outnumbered rising ones by 61 to 39 and 17 ended unchanged on the Lagos.
In commodities trading, Crude oil for May delivery was up 2.01% or 1.32 to $66.83 a barrel. Meanwhile, Brent oil for delivery in June rose 1.58% or 1.12 to hit $72.16 a barrel, while the June Gold Futures contract rose 1.01% or 13.60 to trade at $1359.50 a troy ounce.
EUR/NGN was up 0.40% to 445.490, while USD/NGN fell 0.14% to 359.500.
The US Dollar Index Futures was down 0.16% at 89.18.