Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Banking, Food, Beverages & Tobacco and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 0.61%.
The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 4.65% or 0.040 points to trade at 0.900 at the close. Nig Brew (LAGOS:NB) added 0.40% or 0.50 points to end at 126.41 and Pz Cussons LG (LAGOS:PZ) was unchanged 0.00% or 0.00 points to 31.40 in late trade.
Biggest losers included Skye Bank (LAGOS:SKYEBAN), which lost 5.80% or 0.12 points to trade at 1.95 in late trade. Stanbicibtc Hl (LAGOS:IBTC) declined 5.00% or 1.05 points to end at 19.95 and Dangflour (LAGOS:DANGFLO) shed 4.97% or 0.16 points to 3.06.
Declining stocks outnumbered rising ones by 35 to 11 and 44 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was up 0.07% or 0.03 to $43.11 a barrel. Meanwhile, Brent oil for delivery in October rose 0.38% or 0.19 to hit $49.90 a barrel, while the December Gold contract rose 1.36% or 15.10 to trade at $1122.80 a troy ounce.
EUR/NGN was up 0.48% to 220.700, while USD/NGN rose 0.25% to 199.350.
The US Dollar Index was down 1.24% at 96.03.