Investing.com – Nigeria stocks were higher after the close on Wednesday, as gains in the Oil & Gas, Banking and Insurance sectors led shares higher.
At the close in Lagos, the NSE 30 gained 1.25% to hit a new 1-month high.
The best performers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 4.93% or 0.21 points to trade at 4.47 at the close. Meanwhile, Fidelitybk (LAGOS:FIDELIT) added 4.82% or 0.040 points to end at 0.870 and Wemabank (LAGOS:WEMABAN) was up 3.85% or 0.020 points to 0.540 in late trade.
The worst performers of the session were Unilever Nig (LAGOS:UNILEVE), which fell 2.53% or 1.14 points to trade at 42.74 at the close. Nig Brew (LAGOS:NB) declined 1.35% or 1.96 points to end at 143.08 and Dangsugar (LAGOS:DANGSUG) was 0.00% or 0.00 points to 6.19.
Rising stocks outnumbered declining ones on the Lagos Stock Exchange by 32 to 11 and 69 ended unchanged.
Crude oil for January delivery was down 1.49% or 0.79 to $52.19 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.13% or 0.63 to hit $55.09 a barrel, while the February Gold contract rose 0.54% or 6.25 to trade at $1165.25 a troy ounce.
EUR/NGN was down 0.28% to 335.440, while USD/NGN fell 0.63% to 315.000.
The US Dollar Index was down 0.22% at 100.86.