Investing.com – Nigeria equities were lower at the close on Tuesday, as losses in the Food, Beverages & Tobacco, Banking and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 0.86% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 6.29% or 2.10 points to trade at 33.50 at the close. Fidelitybk (LAGOS:FIDELIT) added 2.22% or 0.020 points to end at 0.920 and Wapco (LAGOS:WAPCO) was up 1.43% or 0.58 points to 40.60 in late trade.
Biggest losers included Pz Cussons LG (LAGOS:PZ), which lost 4.98% or 0.71 points to trade at 13.54 in late trade. Wemabank (LAGOS:WEMABAN) declined 3.77% or 0.020 points to end at 0.510 and Nestle Nig (LAGOS:NESTLE) shed 3.07% or 23.00 points to 712.50.
Declining stocks outnumbered rising ones by 24 to 16 and 53 ended unchanged on the Lagos.
In commodities trading, Crude oil for March delivery was up 1.50% or 0.79 to $53.42 a barrel. Meanwhile, Brent oil for delivery in April rose 1.70% or 0.94 to hit $56.26 a barrel, while the April Gold Futures contract rose 1.43% or 17.15 to trade at $1213.15 a troy ounce.
EUR/NGN was down 0.05% to 328.440, while USD/NGN fell 3.78% to 305.500.
The US Dollar Index Futures was down 0.84% at 99.58.