Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Oil & Gas, Banking and Food, Beverages & Tobacco sectors propelled shares higher.
At the close in Lagos, the NSE 30 rose 0.45% to hit a new 1-month high.
The biggest gainers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 9.66% or 0.20 points to trade at 2.27 at the close. Firstcity Bnk (LAGOS:FCMB) added 7.89% or 0.06 points to end at 0.82 and Access Bank (LAGOS:ACCESS) was up 2.78% or 0.12 points to 4.44 in late trade.
Biggest losers included Pz Cussons LG (LAGOS:PZ), which lost 1.98% or 0.50 points to trade at 24.00 in late trade. Fbn Holdings (LAGOS:FBNH) declined 1.35% or 0.05 points to end at 3.65 and Guiness Nig (LAGOS:GUINNES) shed 0.01% or 0.01 points to 117.00.
Advancing stocks outnumbered falling ones by 27 to 12 and 40 ended unchanged on the Lagos.
In commodities trading, Crude oil for April delivery was up 4.05% or 1.48 to $37.98 a barrel. Meanwhile, Brent oil for delivery in May rose 3.20% or 1.27 to hit $40.92 a barrel, while the April Gold contract fell 0.62% or 7.80 to trade at $1255.10 a troy ounce.
EUR/NGN was down 0.48% to 218.410, while USD/NGN fell 0.14% to 199.055.
The US Dollar Index was down 0.15% at 97.01.