Investing.com – Nigeria equities were higher at the close on Friday, as gains in the Oil & Gas, Food, Beverages & Tobacco and Insurance sectors propelled shares higher.
At the close in Lagos, the NSE 30 added 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 10.04% or 0.25 points to trade at 2.74 at the close. Fidelitybk (LAGOS:FIDELIT) added 5.00% or 0.06 points to end at 1.26 and Union Bank LG (LAGOS:UBN) was up 4.73% or 0.27 points to 5.62 in late trade.
Biggest losers included Access Bank (LAGOS:ACCESS), which lost 4.74% or 0.22 points to trade at 4.42 in late trade. Wemabank (LAGOS:WEMABAN) declined 2.25% or 0.020 points to end at 0.870 and Skye Bank (LAGOS:SKYEBAN) shed 2.00% or 0.02 points to 0.98.
Advancing stocks outnumbered falling ones by 22 to 11 and 57 ended unchanged on the Lagos.
In commodities trading, Crude oil for April delivery was up 2.17% or 0.82 to $38.66 a barrel. Meanwhile, Brent oil for delivery in May rose 0.85% or 0.34 to hit $40.39 a barrel, while the April Gold contract fell 1.01% or 12.90 to trade at $1259.90 a troy ounce.
EUR/NGN was up 0.87% to 219.940, while USD/NGN fell 0.36% to 197.900.
The US Dollar Index was down 0.14% at 96.06.