Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Banking, Oil & Gas and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 0.52%.
The biggest gainers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 10.00% or 0.33 points to trade at 3.63 at the close. Unilever Nig (LAGOS:UNILEVE) added 4.98% or 1.53 points to end at 32.24 and Union Bank LG (LAGOS:UBN) was up 3.26% or 0.15 points to 4.59 in late trade.
Biggest losers included Pz Cussons LG (LAGOS:PZ), which lost 5.00% or 1.12 points to trade at 21.30 in late trade. Fidelitybk (LAGOS:FIDELIT) declined 4.55% or 0.05 points to end at 1.05 and Wemabank (LAGOS:WEMABAN) shed 2.63% or 0.020 points to 0.740.
Advancing stocks outnumbered falling ones by 26 to 20 and 36 ended unchanged on the Lagos.
In commodities trading, Crude oil for June delivery was down 0.73% or 0.32 to $43.33 a barrel. Meanwhile, Brent oil for delivery in July fell 1.47% or 0.66 to hit $44.31 a barrel, while the June Gold contract fell 1.27% or 16.45 to trade at $1275.35 a troy ounce.
EUR/NGN was down 0.76% to 228.770, while USD/NGN fell 0.05% to 199.000.
The US Dollar Index was up 0.28% at 93.28.