Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Oil & Gas, Food, Beverages & Tobacco and Banking sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.16% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 1.89% or 0.010 points to trade at 0.540 at the close. Nig Brew (LAGOS:NB) added 0.99% or 1.40 points to end at 142.99 and Dangsugar (LAGOS:DANGSUG) was up 0.16% or 0.01 points to 6.08 in late trade.
Biggest losers included Guiness Nig (LAGOS:GUINNES), which lost 5.00% or 3.35 points to trade at 63.65 in late trade. Diamond Bank (LAGOS:DIAMONB) declined 4.80% or 0.060 points to end at 1.190 and Unilever Nig (LAGOS:UNILEVE) shed 4.29% or 1.50 points to 33.25.
Declining stocks outnumbered rising ones by 20 to 12 and 48 ended unchanged on the Lagos.
In commodities trading, Crude oil for February delivery was down 1.24% or 0.65 to $51.83 a barrel. Meanwhile, Brent oil for delivery in March fell 1.21% or 0.67 to hit $54.80 a barrel, while the February Gold contract rose 0.05% or 0.65 to trade at $1213.55 a troy ounce.
EUR/NGN was down 0.21% to 336.380, while USD/NGN fell 0.55% to 314.750.
The US Dollar Index was up 0.48% at 100.74.