Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Banking, Oil & Gas and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 2.39%.
The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 3.63% or 0.21 points to trade at 6.00 at the close. Fidelitybk (LAGOS:FIDELIT) added 2.38% or 0.030 points to end at 1.290 and Dangsugar (LAGOS:DANGSUG) was up 1.03% or 0.13 points to 12.85 in late trade.
Biggest losers included Access Bank (LAGOS:ACCESS), which lost 4.98% or 0.52 points to trade at 9.93 in late trade. Stanbicibtc Hl (LAGOS:IBTC) declined 4.93% or 1.92 points to end at 37.43 and Guaranty Bnk (LAGOS:GUARANT) shed 4.68% or 1.82 points to 37.10.
Declining stocks outnumbered rising ones by 51 to 18 and 15 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was down 0.59% or 0.28 to $47.27 a barrel. Meanwhile, Brent oil for delivery in October fell 0.20% or 0.10 to hit $50.70 a barrel, while the December Gold Futures contract rose 0.22% or 2.87 to trade at $1282.57 a troy ounce.
EUR/NGN was down 1.54% to 423.470, while USD/NGN unchanged 0.00% to 363.500.
The US Dollar Index Futures was up 0.02% at 93.77.