Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Food, Beverages & Tobacco, Oil & Gas and Banking sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 1.19% to hit a new 3-month low.
The biggest gainers of the session on the NSE 30 were Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which rose 4.68% or 0.40 points to trade at 8.95 at the close. Skye Bank (LAGOS:SKYEBAN) added 4.41% or 0.030 points to end at 0.700 and Wemabank (LAGOS:WEMABAN) was up 4.29% or 0.030 points to 0.730 in late trade.
Biggest losers included Unilever Nig (LAGOS:UNILEVE), which lost 6.94% or 3.40 points to trade at 45.60 in late trade. Guiness Nig (LAGOS:GUINNES) declined 5.00% or 5.00 points to end at 95.00 and Stanbicibtc Hl (LAGOS:IBTC) shed 4.95% or 2.35 points to 45.15.
Declining stocks outnumbered rising ones by 58 to 32 and 10 ended unchanged on the Lagos.
In commodities trading, Crude oil for July delivery was up 2.23% or 1.49 to $68.22 a barrel. Meanwhile, Brent oil for delivery in August rose 2.56% or 1.93 to hit $77.42 a barrel, while the June Gold Futures contract rose 0.17% or 2.20 to trade at $1301.20 a troy ounce.
EUR/NGN was up 0.67% to 418.620, while USD/NGN rose 0.14% to 361.500.
The US Dollar Index Futures was down 0.79% at 94.06.