Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Banking, Oil & Gas and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 0.82% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Guaranty Bnk (LAGOS:GUARANT), which rose 0.21% or 0.05 points to trade at 23.55 at the close. Nestle Nig (LAGOS:NESTLE) added 0.01% or 0.06 points to end at 830.13 and Dangflour (LAGOS:DANGFLO) was unchanged 0.00% or 0.00 points to 2.43 in late trade.
Biggest losers included Stanbicibtc Hl (LAGOS:IBTC), which lost 7.51% or 1.56 points to trade at 19.13 in late trade. Wemabank (LAGOS:WEMABAN) declined 5.77% or 0.060 points to end at 0.980 and Guiness Nig (LAGOS:GUINNES) shed 5.00% or 6.75 points to 128.34.
Declining stocks outnumbered rising ones by 33 to 13 and 47 ended unchanged on the Lagos.
In commodities trading, Crude oil for December delivery was up 6.04% or 2.61 to $45.81 a barrel. Meanwhile, Brent oil for delivery in December rose 4.75% or 2.23 to hit $49.03 a barrel, while the December Gold contract rose 1.07% or 12.50 to trade at $1178.30 a troy ounce.
EUR/NGN was up 0.12% to 220.510, while USD/NGN fell 0.10% to 198.950.
The US Dollar Index was down 0.37% at 96.66.