Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Insurance, Oil & Gas and Banking sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 0.41% to hit a new 3-month low.
The biggest gainers of the session on the NSE 30 were Firstcity Bnk (LAGOS:FCMB), which rose 3.70% or 0.10 points to trade at 2.76 at the close. Fidelitybk (LAGOS:FIDELIT) added 1.97% or 0.03 points to end at 1.55 and Stanbicibtc Hl (LAGOS:IBTC) was unchanged 0.00% or 0.00 points to 22.78 in late trade.
Biggest losers included Dangflour (LAGOS:DANGFLO), which lost 4.69% or 0.15 points to trade at 3.20 in late trade. Wemabank (LAGOS:WEMABAN) declined 4.44% or 0.040 points to end at 0.900 and Skye Bank (LAGOS:SKYEBAN) shed 3.35% or 0.07 points to 2.02.
Declining stocks outnumbered rising ones by 32 to 18 and 40 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was up 2.13% or 1.02 to $49.00 a barrel. Meanwhile, Brent oil for delivery in September rose 0.80% or 0.42 to hit $53.73 a barrel, while the December Gold contract fell 0.15% or 1.60 to trade at $1095.10 a troy ounce.
EUR/NGN was up 0.17% to 220.140, while USD/NGN unchanged 0.00% to 198.900.
The US Dollar Index was up 0.25% at 97.00.