Investing.com – Nigeria stocks were higher after the close on Friday, as gains in the Banking, Insurance and Oil & Gas sectors led shares higher.
At the close in Lagos, the NSE 30 gained 0.91% to hit a new 1-month high.
The best performers of the session on the NSE 30 were Wapco (LAGOS:WAPCO), which rose 9.89% or 5.40 points to trade at 60.00 at the close. Meanwhile, Skye Bank (LAGOS:SKYEBAN) added 5.80% or 0.040 points to end at 0.730 and Zenithbank (LAGOS:ZENITHB) was up 4.08% or 0.90 points to 22.61 in late trade.
The worst performers of the session were Union Bank LG (LAGOS:UBN), which fell 3.11% or 0.17 points to trade at 5.40 at the close. Fbn Holdings (LAGOS:FBNH) declined 2.44% or 0.150 points to end at 6.000 and Diamond Bank (LAGOS:DIAMONB) was down 2.34% or 0.030 points to 1.250.
Rising stocks outnumbered declining ones on the Lagos by 42 to 35 and 21 ended unchanged.
Shares in Wapco (LAGOS:WAPCO) rose to 52-week highs; up 9.89% or 5.40 to 60.00.
Crude oil for September delivery was down 2.15% or 1.01 to $45.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 2.05% or 1.01 to hit $48.29 a barrel, while the August Gold Futures contract rose 0.61% or 7.62 to trade at $1253.12 a troy ounce.
EUR/NGN was up 1.37% to 367.100, while USD/NGN fell 9.93% to 315.250.
The US Dollar Index Futures was down 0.35% at 93.75.