Investing.com – Nigeria equities were lower at the close on Friday, as losses in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.54% to hit a new 3-month low.
The biggest gainers of the session on the NSE 30 were Access Bank (LAGOS:ACCESS), which rose 1.32% or 0.07 points to trade at 5.36 at the close. Firstcity Bnk (LAGOS:FCMB) added 0.67% or 0.02 points to end at 3.00 and Nestle Nig (LAGOS:NESTLE) was up 0.47% or 4.00 points to 855.00 in late trade.
Biggest losers included Dangflour (LAGOS:DANGFLO), which lost 4.74% or 0.18 points to trade at 3.61 in late trade. Diamond Bank (LAGOS:DIAMONB) declined 2.15% or 0.09 points to end at 4.10 and Wapco (LAGOS:WAPCO) shed 1.94% or 2.00 points to 102.00.
Declining stocks outnumbered rising ones by 30 to 18 and 48 ended unchanged on the Lagos.
In commodities trading, Crude oil for August delivery was down 2.41% or 1.37 to $55.56 a barrel. Meanwhile, Brent oil for delivery in August fell 2.76% or 1.72 to hit $60.35 a barrel, while the August Gold contract rose 0.33% or 3.80 to trade at $1167.30 a troy ounce.
EUR/NGN was up 0.33% to 221.040, while USD/NGN rose 0.03% to 199.000.
The US Dollar Index was down 0.11% at 96.18.