Investing.com – Nigeria equities were higher at the close on Thursday, as gains in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors propelled shares higher.
At the close in Lagos, the NSE 30 added 1.24%.
The biggest gainers of the session on the NSE 30 were Fbn Holdings (LAGOS:FBNH), which rose 8.23% or 0.950 points to trade at 12.500 at the close. Dangsugar (LAGOS:DANGSUG) added 4.76% or 1.00 points to end at 22.00 and Nestle Nig (LAGOS:NESTLE) was up 4.09% or 55.00 points to 1400.00 in late trade.
Biggest losers included Union Bank LG (LAGOS:UBN), which lost 3.82% or 0.30 points to trade at 7.55 in late trade. Pz Cussons LG (LAGOS:PZ) declined 3.20% or 0.80 points to end at 24.20 and Wemabank (LAGOS:WEMABAN) shed 0.80% or 0.010 points to 1.240.
Declining stocks outnumbered rising ones by 59 to 41 and 14 ended unchanged on the Lagos.
In commodities trading, Crude oil for March delivery was up 0.35% or 0.21 to $60.81 a barrel. Meanwhile, Brent oil for delivery in April fell 0.56% or 0.36 to hit $64.00 a barrel, while the April Gold Futures contract fell 0.31% or 4.20 to trade at $1353.80 a troy ounce.
EUR/NGN was up 1.05% to 449.610, while USD/NGN fell 0.14% to 360.000.
The US Dollar Index Futures was down 0.21% at 88.72.