Investing.com – Nigeria equities were lower at the close on Tuesday, as losses in the Food, Beverages & Tobacco, Banking and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 0.35% to hit a new 3-month low.
The biggest gainers of the session on the NSE 30 were Stanbicibtc Hl (LAGOS:IBTC), which rose 4.89% or 1.20 points to trade at 25.75 at the close. Wemabank (LAGOS:WEMABAN) added 4.12% or 0.040 points to end at 1.010 and Access Bank (LAGOS:ACCESS) was up 1.31% or 0.07 points to 5.40 in late trade.
Biggest losers included Union Bank LG (LAGOS:UBN), which lost 4.71% or 0.44 points to trade at 8.91 in late trade. Dangsugar (LAGOS:DANGSUG) declined 4.66% or 0.31 points to end at 6.34 and Dangflour (LAGOS:DANGFLO) shed 4.36% or 0.15 points to 3.31.
Declining stocks outnumbered rising ones by 27 to 17 and 58 ended unchanged on the Lagos.
In commodities trading, Crude oil for August delivery was down 1.79% or 0.95 to $52.06 a barrel. Meanwhile, Brent oil for delivery in August fell 1.04% or 0.59 to hit $56.56 a barrel, while the August Gold contract fell 0.90% or 10.50 to trade at $1156.10 a troy ounce.
EUR/NGN was down 0.47% to 218.500, while USD/NGN fell 0.08% to 198.900.
The US Dollar Index was up 0.64% at 97.05.