Investing.com – Nigeria equities were lower at the close on Friday, as losses in the Food, Beverages & Tobacco, Insurance and Banking sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 0.66% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Guiness Nig (LAGOS:GUINNES), which rose 4.67% or 2.97 points to trade at 65.80 at the close. Union Bank LG (LAGOS:UBN) added 1.21% or 0.06 points to end at 5.00 and Fidelitybk (LAGOS:FIDELIT) was up 1.14% or 0.010 points to 0.890 in late trade.
Biggest losers included Uacn Prop (LAGOS:UACN), which lost 4.94% or 0.79 points to trade at 15.20 in late trade. Diamond Bank (LAGOS:DIAMONB) declined 3.26% or 0.030 points to end at 0.890 and Nestle Nig (LAGOS:NESTLE) shed 2.86% or 19.99 points to 665.00.
Declining stocks outnumbered rising ones by 22 to 8 and 49 ended unchanged on the Lagos.
In commodities trading, Crude oil for March delivery was up 0.37% or 0.20 to $53.74 a barrel. Meanwhile, Brent oil for delivery in April rose 0.46% or 0.26 to hit $56.82 a barrel, while the April Gold Futures contract rose 0.14% or 1.75 to trade at $1221.15 a troy ounce.
EUR/NGN was down 0.81% to 337.750, while USD/NGN fell 4.02% to 304.750.
The US Dollar Index Futures was down 0.22% at 99.61.