Investing.com – Nigeria equities were higher at the close on Tuesday, as gains in the Banking, Insurance and Food, Beverages & Tobacco sectors propelled shares higher.
At the close in Lagos, the NSE 30 gained 1.98%.
The biggest gainers of the session on the NSE 30 were Stanbicibtc Hl (LAGOS:IBTC), which rose 10.23% or 2.01 points to trade at 21.65 at the close. Pz Cussons LG (LAGOS:PZ) added 10.19% or 2.46 points to end at 26.61 and Skye Bank (LAGOS:SKYEBAN) was up 8.98% or 0.22 points to 2.59 in late trade.
Biggest losers included Dangsugar (LAGOS:DANGSUG), which lost 4.97% or 0.36 points to trade at 6.88 in late trade. Wemabank (LAGOS:WEMABAN) declined 1.12% or 0.010 points to end at 0.880 and Guiness Nig (LAGOS:GUINNES) shed 0.26% or 0.36 points to 138.63.
Advancing stocks outnumbered falling ones by 39 to 22 and 37 ended unchanged on the Lagos.
In commodities trading, Crude oil for October delivery was down 7.76% or 3.82 to $45.38 a barrel. Meanwhile, Brent oil for delivery in October fell 8.64% or 4.68 to hit $49.47 a barrel, while the December Gold contract rose 0.64% or 7.20 to trade at $1139.70 a troy ounce.
EUR/NGN was up 0.54% to 224.350, while USD/NGN rose 0.04% to 199.165.
The US Dollar Index was down 0.50% at 95.48.