Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Banking, Oil & Gas and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 3.12%.
The biggest gainers of the session on the NSE 30 were Guiness Nig (LAGOS:GUINNES), which rose 5.00% or 6.26 points to trade at 131.48 at the close. Pz Cussons LG (LAGOS:PZ) unchanged 0.00% or 0.00 points to end at 26.25 and Dangsugar (LAGOS:DANGSUG) was unchanged 0.00% or 0.00 points to 6.51 in late trade.
Biggest losers included Fidelitybk (LAGOS:FIDELIT), which lost 5.30% or 0.08 points to trade at 1.45 in late trade. Fbn Holdings (LAGOS:FBNH) declined 5.15% or 0.36 points to end at 6.63 and Zenithbank (LAGOS:ZENITHB) shed 4.99% or 0.89 points to 16.96.
Declining stocks outnumbered rising ones by 47 to 8 and 35 ended unchanged on the Lagos.
In commodities trading, Crude oil for October delivery was down 1.48% or 0.68 to $45.26 a barrel. Meanwhile, Brent oil for delivery in October fell 1.75% or 0.86 to hit $48.66 a barrel, while the December Gold contract fell 1.47% or 16.50 to trade at $1104.50 a troy ounce.
EUR/NGN was down 0.55% to 221.060, while USD/NGN fell 0.15% to 198.800.
The US Dollar Index was up 0.45% at 96.27.