Investing.com – Nigeria equities were higher at the close on Friday, as gains in the Food, Beverages & Tobacco, Banking and Insurance sectors propelled shares higher.
At the close in Lagos, the NSE 30 added 2.52% to hit a new 6-month high.
The biggest gainers of the session on the NSE 30 were Nig Brew (LAGOS:NB), which rose 5.01% or 7.10 points to trade at 148.86 at the close. Fbn Holdings (LAGOS:FBNH) added 4.52% or 0.190 points to end at 4.390 and Guaranty Bnk (LAGOS:GUARANT) was up 4.40% or 0.91 points to 21.70 in late trade.
Biggest losers included Skye Bank (LAGOS:SKYEBAN), which lost 4.17% or 0.05 points to trade at 1.14 in late trade. Fidelitybk (LAGOS:FIDELIT) declined 3.55% or 0.050 points to end at 1.400 and Wemabank (LAGOS:WEMABAN) shed 1.19% or 0.010 points to 0.830.
Advancing stocks outnumbered falling ones by 33 to 16 and 41 ended unchanged on the Lagos.
In commodities trading, Crude oil for July delivery was up 2.64% or 1.22 to $47.43 a barrel. Meanwhile, Brent oil for delivery in August rose 3.09% or 1.46 to hit $48.65 a barrel, while the August Gold contract fell 0.38% or 4.90 to trade at $1293.50 a troy ounce.
EUR/NGN was up 0.40% to 224.290, while USD/NGN rose 0.05% to 199.100.
The US Dollar Index was down 0.42% at 94.37.