Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Banking, Oil & Gas and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 1.07%.
The biggest gainers of the session on the NSE 30 were Firstcity Bnk (LAGOS:FCMB), which rose 6.31% or 0.07 points to trade at 1.18 at the close. Diamond Bank (LAGOS:DIAMONB) added 5.00% or 0.060 points to end at 1.250 and Fidelitybk (LAGOS:FIDELIT) was up 4.55% or 0.040 points to 0.920 in late trade.
Biggest losers included Pz Cussons LG (LAGOS:PZ), which lost 9.71% or 2.01 points to trade at 18.69 in late trade. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) declined 4.67% or 0.19 points to end at 3.88 and Wemabank (LAGOS:WEMABAN) shed 4.48% or 0.030 points to 0.650.
Declining stocks outnumbered rising ones by 22 to 19 and 42 ended unchanged on the Lagos.
In commodities trading, Crude oil for November delivery was up 2.16% or 1.05 to $49.74 a barrel. Meanwhile, Brent oil for delivery in December rose 1.99% or 1.01 to hit $51.88 a barrel, while the December Gold contract fell 0.24% or 3.05 to trade at $1266.65 a troy ounce.
EUR/NGN was down 1.33% to 342.020, while USD/NGN rose 1.45% to 315.000.
The US Dollar Index was up 0.05% at 96.15.