Investing.com – Nigeria stocks were higher after the close on Tuesday, as gains in the Banking, Oil & Gas and Insurance sectors led shares higher.
At the close in Lagos, the NSE 30 gained 2.28% to hit a new 52-week high.
The best performers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 9.21% or 0.48 points to trade at 5.40 at the close. Meanwhile, Stanbicibtc Hl (LAGOS:IBTC) added 4.99% or 1.67 points to end at 35.17 and Fidelitybk (LAGOS:FIDELIT) was up 4.76% or 0.060 points to 1.320 in late trade.
The worst performers of the session were Uacn Prop (LAGOS:UACN), which fell 3.62% or 0.63 points to trade at 17.00 at the close. Wemabank (LAGOS:WEMABAN) declined 3.57% or 0.020 points to end at 0.550 and Guiness Nig (LAGOS:GUINNES) was down 1.59% or 1.05 points to 65.05.
Rising stocks outnumbered declining ones on the Lagos by 40 to 32 and 15 ended unchanged.
Shares in Stanbicibtc Hl (LAGOS:IBTC) rose to all time highs; up 4.99% or 1.67 to 35.17.
Crude oil for September delivery was up 3.17% or 1.47 to $47.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 2.96% or 1.44 to hit $50.04 a barrel, while the August Gold Futures contract fell 0.18% or 2.28 to trade at $1252.02 a troy ounce.
EUR/NGN was up 0.22% to 367.310, while USD/NGN unchanged 0.00% to 350.000.
The US Dollar Index Futures was unchanged 0.00% at 93.82.