Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Banking, Oil & Gas and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.43%.
The biggest gainers of the session on the NSE 30 were Dangsugar (LAGOS:DANGSUG), which rose 4.99% or 0.30 points to trade at 5.85 at the close. Diamond Bank (LAGOS:DIAMONB) added 3.70% or 0.05 points to end at 1.40 and Nig Brew (LAGOS:NB) was up 3.28% or 3.05 points to 96.05 in late trade.
Biggest losers included Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which lost 6.25% or 0.19 points to trade at 2.85 in late trade. Firstcity Bnk (LAGOS:FCMB) declined 4.65% or 0.04 points to end at 0.82 and Zenithbank (LAGOS:ZENITHB) shed 3.74% or 0.48 points to 12.38.
Declining stocks outnumbered rising ones by 24 to 9 and 49 ended unchanged on the Lagos.
In commodities trading, Crude oil for April delivery was up 4.10% or 1.49 to $37.83 a barrel. Meanwhile, Brent oil for delivery in May rose 3.02% or 1.17 to hit $39.91 a barrel, while the April Gold contract fell 0.13% or 1.60 to trade at $1229.40 a troy ounce.
EUR/NGN was down 0.05% to 220.750, while USD/NGN fell 0.05% to 199.050.
The US Dollar Index was up 0.29% at 96.94.