Investing.com – Nigeria stocks were higher after the close on Friday, as gains in the Banking, Food, Beverages & Tobacco and Insurance sectors led shares higher.
At the close in Lagos, the NSE 30 added 1.18%.
The best performers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 4.98% or 1.83 points to trade at 38.58 at the close. Meanwhile, Access Bank (LAGOS:ACCESS) added 4.87% or 0.26 points to end at 5.60 and Fidelitybk (LAGOS:FIDELIT) was up 4.04% or 0.040 points to 1.030 in late trade.
The worst performers of the session were Wemabank (LAGOS:WEMABAN), which fell 3.13% or 0.020 points to trade at 0.630 at the close. Union Bank LG (LAGOS:UBN) declined 1.27% or 0.05 points to end at 3.90 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) was down 1.19% or 0.05 points to 4.15.
Rising stocks outnumbered declining ones on the Lagos Stock Exchange by 24 to 21 and 45 ended unchanged.
Shares in Wemabank (LAGOS:WEMABAN) fell to 3-years lows; falling 3.13% or 0.020 to 0.630. Shares in Union Bank LG (LAGOS:UBN) fell to 3-years lows; down 1.27% or 0.05 to 3.90.
Crude oil for September delivery was up 0.08% or 0.04 to $48.26 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.43% or 0.22 to hit $50.67 a barrel, while the December Gold contract fell 0.75% or 10.20 to trade at $1347.00 a troy ounce.
EUR/NGN was up 0.92% to 396.620, while USD/NGN rose 8.90% to 350.100.
The US Dollar Index was up 0.46% at 94.54.