Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Oil & Gas, Food, Beverages & Tobacco and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.37% to hit a new 6-month low.
The biggest gainers of the session on the NSE 30 were Fidelitybk (LAGOS:FIDELIT), which rose 9.88% or 0.170 points to trade at 1.850 at the close. Wemabank (LAGOS:WEMABAN) added 2.67% or 0.020 points to end at 0.760 and Fbn Holdings (LAGOS:FBNH) was up 2.17% or 0.200 points to 9.400 in late trade.
Biggest losers included Dangsugar (LAGOS:DANGSUG), which lost 8.82% or 1.50 points to trade at 15.50 in late trade. Pz Cussons LG (LAGOS:PZ) declined 7.59% or 1.15 points to end at 14.00 and Diamond Bank (LAGOS:DIAMONB) shed 6.15% or 0.080 points to 1.220.
Declining stocks outnumbered rising ones by 61 to 25 and 14 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was up 1.42% or 0.97 to $69.49 a barrel. Meanwhile, Brent oil for delivery in September rose 0.76% or 0.56 to hit $74.00 a barrel, while the August Gold Futures contract rose 0.42% or 5.20 to trade at $1230.70 a troy ounce.
EUR/NGN was down 0.17% to 422.690, while USD/NGN fell 0.03% to 361.450.
The US Dollar Index Futures was down 0.10% at 94.30.