Investing.com – Nigeria equities were lower at the close on Thursday, as losses in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.72% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 4.29% or 0.030 points to trade at 0.730 at the close. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) added 4.08% or 0.17 points to end at 4.34 and Stanbicibtc Hl (LAGOS:IBTC) was up 2.96% or 0.40 points to 13.57 in late trade.
Biggest losers included Diamond Bank (LAGOS:DIAMONB), which lost 9.09% or 0.120 points to trade at 1.200 in late trade. Pz Cussons LG (LAGOS:PZ) declined 5.00% or 0.95 points to end at 18.20 and Fidelitybk (LAGOS:FIDELIT) shed 3.88% or 0.040 points to 0.990.
Declining stocks outnumbered rising ones by 24 to 14 and 51 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was up 4.34% or 1.81 to $43.52 a barrel. Meanwhile, Brent oil for delivery in October rose 4.45% or 1.96 to hit $46.01 a barrel, while the December Gold contract fell 0.15% or 2.05 to trade at $1349.85 a troy ounce.
EUR/NGN was down 0.84% to 357.000, while USD/NGN unchanged 0.00% to 322.000.
The US Dollar Index was up 0.21% at 95.79.