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 1.28% to hit a new 3-years high.
The best performers of the session on the NSE 30 were Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which rose 10.00% or 1.47 points to trade at 16.17 at the close. Meanwhile, Diamond Bank (LAGOS:DIAMONB) added 6.57% or 0.130 points to end at 2.110 and Fbn Holdings (LAGOS:FBNH) was up 4.90% or 0.470 points to 10.070 in late trade.
The worst performers of the session were Nestle Nig (LAGOS:NESTLE), which fell 3.33% or 50.00 points to trade at 1450.00 at the close. Union Bank LG (LAGOS:UBN) declined 2.60% or 0.20 points to end at 7.50 and Wapco (LAGOS:WAPCO) was down 0.20% or 0.10 points to 49.90.
Rising stocks outnumbered declining ones on the Lagos by 58 to 13 and 22 ended unchanged.
Shares in Dangote Flour Mills PLC (LAGOS:DANGFLOUR) rose to 5-year highs; rising 10.00% or 1.47 to 16.17. Shares in Diamond Bank (LAGOS:DIAMONB) rose to 52-week highs; gaining 6.57% or 0.130 to 2.110. Shares in Fbn Holdings (LAGOS:FBNH) rose to 3-years highs; rising 4.90% or 0.470 to 10.070.
Crude oil for February delivery was up 1.51% or 0.93 to $62.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.11% or 0.75 to hit $68.53 a barrel, while the February Gold Futures contract fell 0.69% or 9.10 to trade at $1311.30 a troy ounce.
EUR/NGN was down 0.20% to 430.020, while USD/NGN unchanged 0.00% to 360.000.
The US Dollar Index Futures was up 0.25% at 92.31.