Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Oil & Gas, Insurance and Food, Beverages & Tobacco sectors propelled shares higher.
At the close in Lagos, the NSE 30 rose 0.14%.
The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 1.66% or 0.08 points to trade at 4.78 at the close. Dangsugar (LAGOS:DANGSUG) added 1.25% or 0.08 points to end at 6.29 and Wapco (LAGOS:WAPCO) was up 1.00% or 0.40 points to 40.50 in late trade.
Biggest losers included Fidelitybk (LAGOS:FIDELIT), which lost 3.23% or 0.030 points to trade at 0.900 in late trade. Guiness Nig (LAGOS:GUINNES) declined 1.34% or 0.95 points to end at 68.08 and Diamond Bank (LAGOS:DIAMONB) shed 0.93% or 0.010 points to 1.070.
Advancing stocks outnumbered falling ones by 21 to 16 and 54 ended unchanged on the Lagos.
In commodities trading, Crude oil for March delivery was up 0.15% or 0.08 to $53.26 a barrel. Meanwhile, Brent oil for delivery in March rose 0.02% or 0.01 to hit $55.45 a barrel, while the February Gold contract fell 0.97% or 11.75 to trade at $1199.05 a troy ounce.
EUR/NGN was up 0.40% to 338.970, while USD/NGN unchanged 0.00% to 317.000.
The US Dollar Index was down 0.19% at 100.08.