Investing.com – Nigeria equities were lower at the close on Tuesday, as losses in the Oil & Gas, Banking and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.41% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 1.47% or 0.01 points to trade at 0.69 at the close. Fbn Holdings (LAGOS:FBNH) added 0.30% or 0.010 points to end at 3.300 and Nig Brew (LAGOS:NB) was up 0.23% or 0.30 points to 130.30 in late trade.
Biggest losers included Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which lost 3.86% or 0.16 points to trade at 3.99 in late trade. Firstcity Bnk (LAGOS:FCMB) declined 2.99% or 0.04 points to end at 1.30 and Wemabank (LAGOS:WEMABAN) shed 2.86% or 0.020 points to 0.680.
Declining stocks outnumbered rising ones by 31 to 6 and 49 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was down 0.67% or 0.29 to $42.73 a barrel. Meanwhile, Brent oil for delivery in October fell 0.88% or 0.40 to hit $44.99 a barrel, while the December Gold contract rose 0.38% or 5.15 to trade at $1346.45 a troy ounce.
EUR/NGN was down 0.36% to 353.050, while USD/NGN rose 0.16% to 322.500.
The US Dollar Index was down 0.14% at 96.16.