Investing.com – Nigeria stocks were higher after the close on Wednesday, as gains in the Banking, Insurance and Oil & Gas sectors led shares higher.
At the close in Lagos, the NSE 30 added 1.76% to hit a new 52-week high.
The best performers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 10.00% or 3.70 points to trade at 40.79 at the close. Meanwhile, Skye Bank (LAGOS:SKYEBAN) added 8.62% or 0.050 points to end at 0.630 and Fbn Holdings (LAGOS:FBNH) was up 5.07% or 0.340 points to 7.040 in late trade.
The worst performers of the session were Pz Cussons LG (LAGOS:PZ), which fell 4.00% or 0.92 points to trade at 22.07 at the close. Fidelitybk (LAGOS:FIDELIT) declined 2.92% or 0.040 points to end at 1.330 and Access Bank (LAGOS:ACCESS) was down 2.41% or 0.25 points to 10.11.
Rising stocks outnumbered declining ones on the Lagos by 43 to 38 and 25 ended unchanged.
Crude oil for July delivery was down 3.51% or 1.63 to $44.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 3.33% or 1.62 to hit $47.10 a barrel, while the August Gold Futures contract rose 0.58% or 7.41 to trade at $1276.01 a troy ounce.
EUR/NGN was down 0.18% to 352.670, while USD/NGN fell 0.15% to 324.500.
The US Dollar Index Futures was down 0.47% at 96.51.