Investing.com – Nigeria equities were lower at the close on Friday, as losses in the Banking, Insurance and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 0.57% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 4.83% or 0.19 points to trade at 4.12 at the close. Dangsugar (LAGOS:DANGSUG) added 4.78% or 0.31 points to end at 6.81 and Fidelitybk (LAGOS:FIDELIT) was up 3.64% or 0.040 points to 1.140 in late trade.
Biggest losers included Stanbicibtc Hl (LAGOS:IBTC), which lost 3.63% or 0.49 points to trade at 13.94 in late trade. Access Bank (LAGOS:ACCESS) declined 1.15% or 0.06 points to end at 5.16 and Fbn Holdings (LAGOS:FBNH) shed 0.59% or 0.020 points to 3.390.
Advancing stocks outnumbered falling ones by 19 to 14 and 63 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was down 1.97% or 0.88 to $43.87 a barrel. Meanwhile, Brent oil for delivery in September fell 1.95% or 0.90 to hit $45.30 a barrel, while the August Gold contract fell 0.60% or 8.05 to trade at $1322.95 a troy ounce.
EUR/NGN was up 0.51% to 330.220, while USD/NGN rose 0.34% to 296.500.
The US Dollar Index was up 0.61% at 97.53.