Investing.com – Nigeria equities were lower at the close on Thursday, as losses in the Insurance, Banking and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 0.27% to hit a new 3-month low.
The biggest gainers of the session on the NSE 30 were Wapco (LAGOS:WAPCO), which rose 4.13% or 4.09 points to trade at 103.00 at the close. Skye Bank (LAGOS:SKYEBAN) added 1.98% or 0.04 points to end at 2.06 and Access Bank (LAGOS:ACCESS) was up 1.43% or 0.07 points to 4.98 in late trade.
Biggest losers included Fbn Holdings (LAGOS:FBNH), which lost 3.73% or 0.28 points to trade at 7.22 in late trade. Wemabank (LAGOS:WEMABAN) declined 3.33% or 0.030 points to end at 0.900 and Stanbicibtc Hl (LAGOS:IBTC) shed 3.29% or 0.74 points to 21.77.
Declining stocks outnumbered rising ones by 36 to 15 and 53 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was up 0.43% or 0.21 to $49.00 a barrel. Meanwhile, Brent oil for delivery in September rose 0.50% or 0.27 to hit $53.65 a barrel, while the December Gold contract fell 0.31% or 3.40 to trade at $1089.90 a troy ounce.
EUR/NGN was down 0.79% to 218.400, while USD/NGN unchanged 0.00% to 198.925.
The US Dollar Index was up 0.57% at 97.77.