Investing.com – Nigeria equities were lower at the close on Friday, as losses in the Insurance, Food, Beverages & Tobacco and Banking sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 1.29%.
The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 8.70% or 0.060 points to trade at 0.750 at the close. Firstcity Bnk (LAGOS:FCMB) added 7.48% or 0.08 points to end at 1.15 and Diamond Bank (LAGOS:DIAMONB) was up 3.70% or 0.040 points to 1.120 in late trade.
Biggest losers included Wapco (LAGOS:WAPCO), which lost 2.76% or 1.60 points to trade at 56.44 in late trade. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) declined 2.56% or 0.10 points to end at 3.73 and Skye Bank (LAGOS:SKYEBAN) shed 1.54% or 0.01 points to 0.64.
Advancing stocks outnumbered falling ones by 21 to 12 and 54 ended unchanged on the Lagos.
In commodities trading, Crude oil for October delivery was up 3.22% or 1.39 to $44.55 a barrel. Meanwhile, Brent oil for delivery in November rose 3.28% or 1.49 to hit $46.94 a barrel, while the December Gold contract rose 0.65% or 8.50 to trade at $1325.60 a troy ounce.
EUR/NGN was down 1.14% to 347.000, while USD/NGN fell 1.48% to 310.140.
The US Dollar Index was up 0.16% at 95.81.