Investing.com – Nigeria equities were higher at the close on Tuesday, as gains in the Food, Beverages & Tobacco, Banking and Insurance sectors propelled shares higher.
At the close in Lagos, the NSE 30 gained 0.64% to hit a new 52-week high.
The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 9.84% or 0.060 points to trade at 0.670 at the close. Fbn Holdings (LAGOS:FBNH) added 1.83% or 0.120 points to end at 6.670 and Nig Brew (LAGOS:NB) was up 1.82% or 3.00 points to 168.00 in late trade.
Biggest losers included Pz Cussons LG (LAGOS:PZ), which lost 4.91% or 1.08 points to trade at 20.92 in late trade. Diamond Bank (LAGOS:DIAMONB) declined 3.03% or 0.040 points to end at 1.280 and Union Bank LG (LAGOS:UBN) shed 2.95% or 0.17 points to 5.60.
Declining stocks outnumbered rising ones by 46 to 36 and 23 ended unchanged on the Lagos.
In commodities trading, Crude oil for August delivery was down 2.61% or 1.16 to $43.27 a barrel. Meanwhile, Brent oil for delivery in August fell 2.28% or 1.07 to hit $45.84 a barrel, while the August Gold Futures contract fell 0.14% or 1.80 to trade at $1244.90 a troy ounce.
EUR/NGN was down 0.48% to 351.030, while USD/NGN rose 0.15% to 325.500.
The US Dollar Index Futures was up 0.24% at 97.46.