Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Banking, Food, Beverages & Tobacco and Insurance sectors propelled shares higher.
At the close in Lagos, the NSE 30 gained 2.26% to hit a new 6-month high.
The biggest gainers of the session on the NSE 30 were Firstcity Bnk (LAGOS:FCMB), which rose 7.23% or 0.12 points to trade at 1.78 at the close. Guaranty Bnk (LAGOS:GUARANT) added 5.22% or 1.15 points to end at 23.20 and Zenithbank (LAGOS:ZENITHB) was up 3.77% or 0.63 points to 17.32 in late trade.
Biggest losers included Wapco (LAGOS:WAPCO), which lost 5.64% or 4.39 points to trade at 73.80 in late trade. Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) declined 2.21% or 0.11 points to end at 4.96 and Diamond Bank (LAGOS:DIAMONB) shed 1.76% or 0.040 points to 2.230.
Advancing stocks outnumbered falling ones by 31 to 17 and 44 ended unchanged on the Lagos.
In commodities trading, Crude oil for August delivery was down 1.75% or 0.87 to $48.98 a barrel. Meanwhile, Brent oil for delivery in August fell 1.82% or 0.92 to hit $49.70 a barrel, while the August Gold contract fell 0.14% or 1.80 to trade at $1270.70 a troy ounce.
EUR/NGN was up 0.41% to 320.100, while USD/NGN unchanged 0.00% to 199.250.
The US Dollar Index was down 0.38% at 93.80.