Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Food, Beverages & Tobacco, Banking and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 1.30% to hit a new 3-month low.
The biggest gainers of the session on the NSE 30 were Firstcity Bnk (LAGOS:FCMB), which rose 8.70% or 0.24 points to trade at 3.00 at the close. Fidelitybk (LAGOS:FIDELIT) added 3.13% or 0.05 points to end at 1.60 and Guiness Nig (LAGOS:GUINNES) was up 0.06% or 0.09 points to 140.00 in late trade.
Biggest losers included Dangflour (LAGOS:DANGFLO), which lost 4.95% or 0.16 points to trade at 3.10 in late trade. Skye Bank (LAGOS:SKYEBAN) declined 4.57% or 0.10 points to end at 2.09 and Access Bank (LAGOS:ACCESS) shed 4.00% or 0.20 points to 4.92.
Declining stocks outnumbered rising ones by 43 to 11 and 38 ended unchanged on the Lagos.
In commodities trading, Crude oil for August delivery was down 2.22% or 1.18 to $51.86 a barrel. Meanwhile, Brent oil for delivery in September fell 1.73% or 1.01 to hit $57.66 a barrel, while the August Gold contract fell 0.55% or 6.40 to trade at $1147.10 a troy ounce.
EUR/NGN was down 0.01% to 219.510, while USD/NGN rose 0.08% to 199.150.
The US Dollar Index was up 0.39% at 97.18.