Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Oil & Gas, Insurance and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 0.23%.
The biggest gainers of the session on the NSE 30 were Fbn Holdings (LAGOS:FBNH), which rose 5.31% or 0.18 points to trade at 3.57 at the close. Unilever Nig (LAGOS:UNILEVE) added 4.99% or 1.46 points to end at 30.71 and Diamond Bank (LAGOS:DIAMONB) was up 4.93% or 0.07 points to 1.49 in late trade.
Biggest losers included Dangsugar (LAGOS:DANGSUG), which lost 3.01% or 0.18 points to trade at 5.80 in late trade. Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) declined 2.07% or 0.06 points to end at 2.84 and Firstcity Bnk (LAGOS:FCMB) shed 1.96% or 0.02 points to 1.00.
Declining stocks outnumbered rising ones by 22 to 17 and 58 ended unchanged on the Lagos.
In commodities trading, Crude oil for June delivery was up 1.66% or 0.73 to $44.77 a barrel. Meanwhile, Brent oil for delivery in July rose 1.91% or 0.87 to hit $46.45 a barrel, while the June Gold contract rose 0.58% or 7.20 to trade at $1250.60 a troy ounce.
EUR/NGN was up 0.72% to 225.090, while USD/NGN unchanged 0.00% to 199.150.
The US Dollar Index was down 0.13% at 94.33.