Investing.com – Nigeria equities were lower at the close on Friday, as losses in the Food, Beverages & Tobacco, Banking and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 1.30%.
The biggest gainers of the session on the NSE 30 were Diamond Bank (LAGOS:DIAMONB), which rose 2.22% or 0.050 points to trade at 2.300 at the close. Skye Bank (LAGOS:SKYEBAN) added 0.96% or 0.01 points to end at 1.05 and Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) was up 0.83% or 0.04 points to 4.84 in late trade.
Biggest losers included Nig Brew (LAGOS:NB), which lost 5.00% or 6.90 points to trade at 131.10 in late trade. Wapco (LAGOS:WAPCO) declined 4.77% or 3.51 points to end at 70.00 and Guiness Nig (LAGOS:GUINNES) shed 3.92% or 4.28 points to 104.97.
Declining stocks outnumbered rising ones by 24 to 16 and 50 ended unchanged on the Lagos.
In commodities trading, Crude oil for August delivery was unchanged 0.00% or 0.00 to $48.33 a barrel. Meanwhile, Brent oil for delivery in September rose 0.02% or 0.01 to hit $49.72 a barrel, while the August Gold contract rose 1.36% or 17.95 to trade at $1338.55 a troy ounce.
EUR/NGN was down 0.00% to 314.510, while USD/NGN fell 0.18% to 282.500.
The US Dollar Index was down 0.28% at 95.68.