Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Banking, Food, Beverages & Tobacco and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 1.18%.
The biggest gainers of the session on the NSE 30 were Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which rose 4.92% or 0.59 points to trade at 12.47 at the close. Fidelitybk (LAGOS:FIDELIT) added 4.42% or 0.100 points to end at 2.360 and Dangsugar (LAGOS:DANGSUG) was up 2.09% or 0.45 points to 21.95 in late trade.
Biggest losers included Guaranty Bnk (LAGOS:GUARANT), which lost 4.77% or 2.00 points to trade at 39.90 in late trade. Wapco (LAGOS:WAPCO) declined 4.26% or 2.00 points to end at 44.66 and Zenithbank (LAGOS:ZENITHB) shed 3.85% or 1.00 points to 25.00.
Declining stocks outnumbered rising ones by 36 to 30 and 19 ended unchanged on the Lagos.
In commodities trading, Crude oil for January delivery was down 0.88% or 0.50 to $56.64 a barrel. Meanwhile, Brent oil for delivery in February fell 1.45% or 0.92 to hit $62.42 a barrel, while the February Gold Futures contract rose 0.56% or 6.90 to trade at $1248.60 a troy ounce.
EUR/NGN was down 0.30% to 422.030, while USD/NGN unchanged 0.00% to 360.000.
The US Dollar Index Futures was down 0.18% at 93.89.