Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Oil & Gas, Banking and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 1.01% to hit a new 3-month low.
The biggest gainers of the session on the NSE 30 were Firstcity Bnk (LAGOS:FCMB), which rose 1.69% or 0.05 points to trade at 3.00 at the close. Access Bank (LAGOS:ACCESS) added 0.93% or 0.05 points to end at 5.45 and Fbn Holdings (LAGOS:FBNH) was up 0.25% or 0.02 points to 7.98 in late trade.
Biggest losers included Stanbicibtc Hl (LAGOS:IBTC), which lost 3.88% or 1.00 points to trade at 24.75 in late trade. Skye Bank (LAGOS:SKYEBAN) declined 2.99% or 0.07 points to end at 2.30 and Fidelitybk (LAGOS:FIDELIT) shed 1.79% or 0.03 points to 1.65.
Declining stocks outnumbered rising ones by 34 to 12 and 49 ended unchanged on the Lagos.
In commodities trading, Crude oil for August delivery was down 2.12% or 1.11 to $51.22 a barrel. Meanwhile, Brent oil for delivery in August fell 0.71% or 0.41 to hit $56.45 a barrel, while the August Gold contract rose 0.81% or 9.30 to trade at $1161.90 a troy ounce.
EUR/NGN was up 0.23% to 219.010, while USD/NGN fell 0.07% to 198.815.
The US Dollar Index was down 0.49% at 96.41.