Investing.com – Nigeria equities were higher at the close on Friday, as gains in the Insurance, Banking and Food, Beverages & Tobacco sectors propelled shares higher.
At the close in Lagos, the NSE 30 added 0.07% to hit a new 1-month high.
The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 4.59% or 0.20 points to trade at 4.56 at the close. Nestle Nig (LAGOS:NESTLE) unchanged 0.00% or 0.00 points to end at 810.00 and Dangsugar (LAGOS:DANGSUG) was unchanged 0.00% or 0.00 points to 6.10 in late trade.
Biggest losers included Unilever Nig (LAGOS:UNILEVE), which lost 9.74% or 4.27 points to trade at 39.57 in late trade. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) declined 4.18% or 0.17 points to end at 3.92 and Zenithbank (LAGOS:ZENITHB) shed 2.31% or 0.34 points to 14.22.
Declining stocks outnumbered rising ones by 23 to 17 and 52 ended unchanged on the Lagos.
In commodities trading, Crude oil for January delivery was up 1.83% or 0.93 to $51.83 a barrel. Meanwhile, Brent oil for delivery in February rose 2.07% or 1.12 to hit $55.14 a barrel, while the February Gold contract rose 0.99% or 11.15 to trade at $1140.95 a troy ounce.
EUR/NGN was down 2.91% to 318.420, while USD/NGN fell 0.64% to 314.980.
The US Dollar Index was down 0.41% at 102.73.