Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Oil & Gas, Insurance and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 0.18% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Stanbicibtc Hl (LAGOS:IBTC), which rose 3.03% or 0.50 points to trade at 16.50 at the close. Diamond Bank (LAGOS:DIAMONB) added 1.75% or 0.020 points to end at 1.160 and Wapco (LAGOS:WAPCO) was up 0.70% or 0.30 points to 43.00 in late trade.
Biggest losers included Wemabank (LAGOS:WEMABAN), which lost 3.17% or 0.020 points to trade at 0.650 in late trade. Dangsugar (LAGOS:DANGSUG) declined 1.54% or 0.10 points to end at 6.35 and Zenithbank (LAGOS:ZENITHB) shed 0.41% or 0.06 points to 14.69.
Declining stocks outnumbered rising ones by 18 to 12 and 50 ended unchanged on the Lagos.
In commodities trading, Crude oil for November delivery was up 2.72% or 1.37 to $51.66 a barrel. Meanwhile, Brent oil for delivery in December rose 2.21% or 1.14 to hit $52.82 a barrel, while the December Gold contract rose 0.58% or 7.35 to trade at $1270.25 a troy ounce.
EUR/NGN was down 0.22% to 346.310, while USD/NGN unchanged 0.00% to 316.000.
The US Dollar Index was up 0.05% at 97.93.