Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Food, Beverages & Tobacco, Insurance and Banking sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 1.22%.
The biggest gainers of the session on the NSE 30 were Access Bank (LAGOS:ACCESS), which rose 0.94% or 0.05 points to trade at 5.35 at the close. Nestle Nig (LAGOS:NESTLE) added 0.26% or 2.00 points to end at 755.90 and Pz Cussons LG (LAGOS:PZ) was unchanged 0.00% or 0.00 points to 21.61 in late trade.
Biggest losers included Dangsugar (LAGOS:DANGSUG), which lost 6.91% or 0.47 points to trade at 6.33 in late trade. Nig Brew (LAGOS:NB) declined 4.78% or 6.52 points to end at 130.00 and Skye Bank (LAGOS:SKYEBAN) shed 4.31% or 0.05 points to 1.11.
Declining stocks outnumbered rising ones by 27 to 16 and 50 ended unchanged on the Lagos.
In commodities trading, Crude oil for July delivery was up 1.29% or 0.65 to $51.01 a barrel. Meanwhile, Brent oil for delivery in August rose 1.59% or 0.82 to hit $52.26 a barrel, while the August Gold contract rose 1.30% or 16.15 to trade at $1263.15 a troy ounce.
EUR/NGN was up 0.02% to 226.380, while USD/NGN rose 0.03% to 199.050.
The US Dollar Index was down 0.35% at 93.51.