Investing.com – Nigeria equities were higher at the close on Thursday, as gains in the Oil & Gas, Insurance and Banking sectors propelled shares higher.
At the close in Lagos, the NSE 30 gained 0.08% 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 9.69% or 0.22 points to trade at 2.49 at the close. Dangsugar (LAGOS:DANGSUG) added 4.00% or 0.23 points to end at 5.98 and Fidelitybk (LAGOS:FIDELIT) was up 3.45% or 0.04 points to 1.20 in late trade.
Biggest losers included Union Bank LG (LAGOS:UBN), which lost 4.52% or 0.27 points to trade at 5.69 in late trade. Wemabank (LAGOS:WEMABAN) declined 4.30% or 0.040 points to end at 0.890 and Nestle Nig (LAGOS:NESTLE) shed 2.10% or 15.00 points to 687.11.
Advancing stocks outnumbered falling ones by 19 to 15 and 47 ended unchanged on the Lagos.
In commodities trading, Crude oil for April delivery was down 1.83% or 0.70 to $37.59 a barrel. Meanwhile, Brent oil for delivery in May fell 2.56% or 1.05 to hit $40.02 a barrel, while the April Gold contract rose 0.96% or 12.10 to trade at $1269.50 a troy ounce.
EUR/NGN was down 0.16% to 218.050, while USD/NGN fell 0.22% to 198.625.
The US Dollar Index was down 1.03% at 96.19.