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 2.57% to hit a new 6-month low.
The biggest gainers of the session on the NSE 30 were Fidelitybk (LAGOS:FIDELIT), which rose 5.00% or 0.06 points to trade at 1.21 at the close. Stanbicibtc Hl (LAGOS:IBTC) added 1.11% or 0.20 points to end at 18.00 and Access Bank (LAGOS:ACCESS) was up 0.67% or 0.03 points to 4.50 in late trade.
Biggest losers included Pz Cussons LG (LAGOS:PZ), which lost 4.98% or 1.34 points to trade at 25.59 in late trade. Nig Brew (LAGOS:NB) declined 4.98% or 5.88 points to end at 112.29 and Dangflour (LAGOS:DANGFLO) shed 4.83% or 0.14 points to 2.76.
Declining stocks outnumbered rising ones by 43 to 7 and 46 ended unchanged on the Lagos.
In commodities trading, Crude oil for October delivery was up 3.22% or 1.23 to $39.47 a barrel. Meanwhile, Brent oil for delivery in October rose 1.60% or 0.69 to hit $43.38 a barrel, while the December Gold contract fell 1.54% or 17.80 to trade at $1135.80 a troy ounce.
EUR/NGN was up 0.42% to 229.060, while USD/NGN rose 0.33% to 199.055.
The US Dollar Index was up 1.34% at 94.63.