Investing.com – Nigeria equities were lower at the close on Friday, as losses in the Banking, Insurance and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 0.81% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Fbn Holdings (LAGOS:FBNH), which rose 2.63% or 0.300 points to trade at 11.650 at the close. Union Bank LG (LAGOS:UBN) added 1.52% or 0.10 points to end at 6.60 and Unilever Nig (LAGOS:UNILEVE) was up 0.47% or 0.25 points to 52.80 in late trade.
Biggest losers included Fidelitybk (LAGOS:FIDELIT), which lost 9.41% or 0.240 points to trade at 2.310 in late trade. Wapco (LAGOS:WAPCO) declined 5.66% or 3.00 points to end at 50.00 and Dangsugar (LAGOS:DANGSUG) shed 5.00% or 1.10 points to 20.95.
Declining stocks outnumbered rising ones by 60 to 24 and 17 ended unchanged on the Lagos.
In commodities trading, Crude oil for April delivery was up 1.70% or 1.04 to $62.23 a barrel. Meanwhile, Brent oil for delivery in May rose 1.40% or 0.91 to hit $66.03 a barrel, while the April Gold Futures contract fell 0.40% or 5.30 to trade at $1312.50 a troy ounce.
EUR/NGN was down 0.16% to 444.430, while USD/NGN rose 0.14% to 360.500.
The US Dollar Index Futures was up 0.10% at 90.23.