Investing.com – Nigeria equities were lower at the close on Tuesday, as losses in the Banking, Oil & Gas and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 0.73% to hit a new 3-month low.
The biggest gainers of the session on the NSE 30 were Dangsugar (LAGOS:DANGSUG), which fell 0.34% or 0.02 points to trade at 6.00 at the close. Skye Bank (LAGOS:SKYEBAN) added 0.48% or 0.01 points to end at 2.06 and Nig Brew (LAGOS:NB) was up 0.18% or 0.22 points to 123.02 in late trade.
Biggest losers included Diamond Bank (LAGOS:DIAMONB), which lost 4.01% or 0.16 points to trade at 3.83 in late trade. Union Bank LG (LAGOS:UBN) declined 3.59% or 0.29 points to end at 7.79 and Firstcity Bnk (LAGOS:FCMB) shed 3.57% or 0.10 points to 2.70.
Declining stocks outnumbered rising ones by 30 to 15 and 46 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was up 1.58% or 0.75 to $48.14 a barrel. Meanwhile, Brent oil for delivery in September rose 0.42% or 0.23 to hit $53.70 a barrel, while the December Gold contract fell 0.17% or 1.90 to trade at $1095.00 a troy ounce.
EUR/NGN was down 0.21% to 219.770, while USD/NGN fell 0.04% to 198.900.
The US Dollar Index was up 0.17% at 96.79.