Investing.com – Nigeria equities were higher at the close on Tuesday, as gains in the Banking, Oil & Gas and Insurance sectors propelled shares higher.
At the close in Lagos, the NSE 30 added 2.28% to hit a new 52-week high.
The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 9.21% or 0.48 points to trade at 5.40 at the close. Stanbicibtc Hl (LAGOS:IBTC) added 4.99% or 1.67 points to end at 35.17 and Fidelitybk (LAGOS:FIDELIT) was up 4.76% or 0.060 points to 1.320 in late trade.
Biggest losers included Uacn Prop (LAGOS:UACN), which lost 3.62% or 0.63 points to trade at 17.00 in late trade. Wemabank (LAGOS:WEMABAN) declined 3.57% or 0.020 points to end at 0.550 and Guiness Nig (LAGOS:GUINNES) shed 1.59% or 1.05 points to 65.05.
Advancing stocks outnumbered falling ones by 40 to 32 and 15 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was up 3.17% or 1.47 to $47.81 a barrel. Meanwhile, Brent oil for delivery in September rose 2.94% or 1.43 to hit $50.03 a barrel, while the August Gold Futures contract fell 0.18% or 2.29 to trade at $1252.01 a troy ounce.
EUR/NGN was up 0.22% to 367.310, while USD/NGN unchanged 0.00% to 350.000.
The US Dollar Index Futures was unchanged 0.00% at 93.82.