Investing.com – Nigeria equities were lower at the close on Friday, as losses in the Food, Beverages & Tobacco, Oil & Gas and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 1.04% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 4.74% or 0.09 points to trade at 1.99 at the close. Union Bank LG (LAGOS:UBN) added 3.57% or 0.20 points to end at 5.68 and Zenithbank (LAGOS:ZENITHB) was up 3.29% or 0.56 points to 17.60 in late trade.
Biggest losers included Nig Brew (LAGOS:NB), which lost 5.11% or 7.36 points to trade at 136.85 in late trade. Unilever Nig (LAGOS:UNILEVE) declined 4.99% or 2.03 points to end at 38.68 and Stanbicibtc Hl (LAGOS:IBTC) shed 4.63% or 0.92 points to 19.00.
Declining stocks outnumbered rising ones by 21 to 19 and 41 ended unchanged on the Lagos.
In commodities trading, Crude oil for December delivery was up 0.85% or 0.39 to $46.45 a barrel. Meanwhile, Brent oil for delivery in December rose 1.28% or 0.62 to hit $49.42 a barrel, while the December Gold contract fell 0.43% or 4.90 to trade at $1142.40 a troy ounce.
EUR/NGN was up 0.52% to 219.530, while USD/NGN rose 0.18% to 199.335.
The US Dollar Index was down 0.50% at 96.88.