Investing.com – Nigeria equities were lower at the close on Thursday, as losses in the Banking, Oil & Gas and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 3.51% to hit a new 3-year low.
The biggest gainers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 4.82% or 0.04 points to trade at 0.89 at the close. Fidelitybk (LAGOS:FIDELIT) added 3.85% or 0.05 points to end at 1.35 and Dangsugar (LAGOS:DANGSUG) was unchanged 0.00% or 0.00 points to 5.69 in late trade.
Biggest losers included Guaranty Bnk (LAGOS:GUARANT), which lost 9.64% or 1.58 points to trade at 14.81 in late trade. Fbn Holdings (LAGOS:FBNH) declined 9.52% or 0.38 points to end at 3.61 and Firstcity Bnk (LAGOS:FCMB) shed 8.82% or 0.12 points to 1.24.
Declining stocks outnumbered rising ones by 32 to 7 and 40 ended unchanged on the Lagos.
In commodities trading, Crude oil for February delivery was up 2.17% or 0.66 to $31.14 a barrel. Meanwhile, Brent oil for delivery in March rose 1.04% or 0.32 to hit $30.50 a barrel, while the February Gold contract fell 0.55% or 6.00 to trade at $1081.10 a troy ounce.
EUR/NGN was up 0.76% to 217.000, while USD/NGN fell 0.23% to 198.605.
The US Dollar Index was up 0.25% at 99.17.