Investing.com – Nigeria stocks were higher after the close on Wednesday, as gains in the Food, Beverages & Tobacco, Insurance and Banking sectors led shares higher.
At the close in Lagos, the NSE 30 rose 0.44% to hit a new 52-week high.
The best performers of the session on the NSE 30 were Guiness Nig (LAGOS:GUINNES), which rose 10.23% or 8.12 points to trade at 87.50 at the close. Meanwhile, Dangote Flour Mills PLC (LAGOS:DANGFLOUR) added 9.55% or 0.61 points to end at 7.00 and Union Bank LG (LAGOS:UBN) was up 4.72% or 0.25 points to 5.56 in late trade.
The worst performers of the session were Wemabank (LAGOS:WEMABAN), which fell 3.77% or 0.020 points to trade at 0.510 at the close. Total Nig (LAGOS:TOTAL) declined 3.46% or 9.00 points to end at 251.00 and Fbn Holdings (LAGOS:FBNH) was down 2.43% or 0.150 points to 6.020.
Falling stocks outnumbered advancing ones on the Lagos by 42 to 31 and 27 ended unchanged.
Shares in Dangote Flour Mills PLC (LAGOS:DANGFLOUR) rose to 52-week highs; up 9.55% or 0.61 to 7.00.
Crude oil for September delivery was up 0.12% or 0.06 to $49.23 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.38% or 0.20 to hit $52.34 a barrel, while the December Gold Futures contract rose 1.24% or 15.66 to trade at $1278.26 a troy ounce.
EUR/NGN was down 0.67% to 428.660, while USD/NGN rose 0.48% to 365.250.
The US Dollar Index Futures was down 0.01% at 93.47.