Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Oil & Gas, Banking and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.03%.
The biggest gainers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 1.79% or 0.50 points to trade at 29.40 at the close. Nig Brew (LAGOS:NB) added 4.99% or 6.65 points to end at 139.80 and Dangsugar (LAGOS:DANGSUG) was up 4.71% or 0.27 points to 5.99 in late trade.
Biggest losers included Wapco (LAGOS:WAPCO), which lost 5.00% or 1.95 points to trade at 37.05 in late trade. Fbn Holdings (LAGOS:FBNH) declined 1.33% or 0.040 points to end at 2.990 and Stanbicibtc Hl (LAGOS:IBTC) shed 1.28% or 0.23 points to 17.80.
Declining stocks outnumbered rising ones by 16 to 10 and 61 ended unchanged on the Lagos.
In commodities trading, Crude oil for April delivery was down 3.46% or 1.84 to $51.30 a barrel. Meanwhile, Brent oil for delivery in May fell 3.25% or 1.82 to hit $54.10 a barrel, while the April Gold Futures contract fell 0.61% or 7.45 to trade at $1208.65 a troy ounce.
EUR/NGN was down 0.37% to 331.860, while USD/NGN unchanged 0.00% to 317.500.
The US Dollar Index Futures was up 0.34% at 102.16.