Investing.com – Nigeria equities were lower at the close on Friday, as losses in the Oil & Gas, Food, Beverages & Tobacco and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 0.40%.
The biggest gainers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 3.83% or 0.18 points to trade at 4.88 at the close. Dangsugar (LAGOS:DANGSUG) added 2.53% or 0.16 points to end at 6.50 and Firstcity Bnk (LAGOS:FCMB) was up 1.91% or 0.03 points to 1.60 in late trade.
Biggest losers included Nestle Nig (LAGOS:NESTLE), which lost 5.46% or 45.02 points to trade at 757.00 in late trade. Pz Cussons LG (LAGOS:PZ) declined 4.97% or 1.13 points to end at 21.61 and Guiness Nig (LAGOS:GUINNES) shed 1.86% or 1.85 points to 97.65.
Advancing stocks outnumbered falling ones by 21 to 20 and 61 ended unchanged on the Lagos.
In commodities trading, Crude oil for July delivery was down 2.43% or 1.23 to $49.33 a barrel. Meanwhile, Brent oil for delivery in August fell 2.25% or 1.17 to hit $50.78 a barrel, while the August Gold contract rose 0.12% or 1.50 to trade at $1274.20 a troy ounce.
EUR/NGN was down 0.89% to 223.750, while USD/NGN fell 0.03% to 198.975.
The US Dollar Index was up 0.40% at 94.48.