Investing.com – Nigeria stocks were higher after the close on Wednesday, as gains in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors led shares higher.
At the close in Lagos, the NSE 30 added 3.28% to hit a new 52-week high.
The best performers of the session on the NSE 30 were Zenithbank (LAGOS:ZENITHB), which rose 6.67% or 1.60 points to trade at 25.50 at the close. Meanwhile, Nig Brew (LAGOS:NB) added 5.00% or 7.90 points to end at 165.90 and Pz Cussons LG (LAGOS:PZ) was up 5.00% or 1.10 points to 23.10 in late trade.
The worst performers of the session were Union Bank LG (LAGOS:UBN), which fell 4.57% or 0.26 points to trade at 5.50 at the close. Guiness Nig (LAGOS:GUINNES) declined 3.18% or 2.10 points to end at 64.00 and Fbn Holdings (LAGOS:FBNH) was down 2.00% or 0.120 points to 5.970.
Rising stocks outnumbered declining ones on the Lagos by 46 to 32 and 19 ended unchanged.
Shares in Zenithbank (LAGOS:ZENITHB) rose to 52-week highs; rising 6.67% or 1.60 to 25.50.
Crude oil for September delivery was up 1.38% or 0.66 to $48.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.14% or 0.57 to hit $50.77 a barrel, while the August Gold Futures contract fell 0.20% or 2.45 to trade at $1249.65 a troy ounce.
EUR/NGN was down 0.24% to 366.440, while USD/NGN fell 10.07% to 314.750.
The US Dollar Index Futures was up 0.10% at 94.01.