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 0.45%.
The biggest gainers of the session on the NSE 30 were Firstcity Bnk (LAGOS:FCMB), which rose 4.32% or 0.06 points to trade at 1.45 at the close. Pz Cussons LG (LAGOS:PZ) added 0.60% or 0.13 points to end at 21.70 and Wapco (LAGOS:WAPCO) was up 0.13% or 0.08 points to 61.50 in late trade.
Biggest losers included Skye Bank (LAGOS:SKYEBAN), which lost 8.22% or 0.06 points to trade at 0.67 in late trade. Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) declined 3.70% or 0.17 points to end at 4.42 and Diamond Bank (LAGOS:DIAMONB) shed 1.56% or 0.030 points to 1.890.
Declining stocks outnumbered rising ones by 25 to 15 and 45 ended unchanged on the Lagos.
In commodities trading, Crude oil for August delivery was down 4.42% or 2.07 to $44.73 a barrel. Meanwhile, Brent oil for delivery in September fell 4.58% or 2.22 to hit $46.25 a barrel, while the August Gold contract rose 0.57% or 7.65 to trade at $1342.95 a troy ounce.
EUR/NGN was down 0.34% to 313.420, while USD/NGN rose 0.18% to 283.000.
The US Dollar Index was down 0.36% at 96.20.