Investing.com – Nigeria equities were lower at the close on Tuesday, as losses in the Banking, Food, Beverages & Tobacco and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 1.99%.
The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 1.92% or 0.010 points to trade at 0.520 at the close. Total Nig (LAGOS:TOTAL) added 1.46% or 3.45 points to end at 240.00 and Unilever Nig (LAGOS:UNILEVE) was up 0.29% or 0.13 points to 46.00 in late trade.
Biggest losers included Pz Cussons LG (LAGOS:PZ), which lost 5.00% or 1.35 points to trade at 25.65 in late trade. Stanbicibtc Hl (LAGOS:IBTC) declined 2.44% or 1.00 points to end at 38.95 and Wapco (LAGOS:WAPCO) shed 4.75% or 2.99 points to 60.50.
Declining stocks outnumbered rising ones by 50 to 24 and 22 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was down 0.23% or 0.11 to $47.48 a barrel. Meanwhile, Brent oil for delivery in October fell 0.12% or 0.06 to hit $50.67 a barrel, while the December Gold Futures contract fell 0.77% or 9.88 to trade at $1280.52 a troy ounce.
EUR/NGN was down 0.41% to 430.110, while USD/NGN fell 0.55% to 363.500.
The US Dollar Index Futures was up 0.36% at 93.68.