Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Oil & Gas, Banking and Insurance sectors propelled shares higher.
At the close in Lagos, the NSE 30 rose 1.25% 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 4.93% or 0.21 points to trade at 4.47 at the close. Fidelitybk (LAGOS:FIDELIT) added 4.82% or 0.040 points to end at 0.870 and Wemabank (LAGOS:WEMABAN) was up 3.85% or 0.020 points to 0.540 in late trade.
Biggest losers included Unilever Nig (LAGOS:UNILEVE), which lost 2.53% or 1.14 points to trade at 42.74 in late trade. Nig Brew (LAGOS:NB) declined 1.35% or 1.96 points to end at 143.08 and Dangsugar (LAGOS:DANGSUG) 0.00% or 0.00 points to 6.19.
Advancing stocks outnumbered falling ones by 32 to 11 and 69 ended unchanged on the Lagos.
In commodities trading, Crude oil for January delivery was down 1.47% or 0.78 to $52.20 a barrel. Meanwhile, Brent oil for delivery in February fell 1.13% or 0.63 to hit $55.09 a barrel, while the February Gold contract rose 0.54% or 6.25 to trade at $1165.25 a troy ounce.
EUR/NGN was down 0.28% to 335.440, while USD/NGN fell 0.63% to 315.000.
The US Dollar Index was down 0.22% at 100.86.