Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Banking, Insurance and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.80%.
The biggest gainers of the session on the NSE 30 were Fidelitybk (LAGOS:FIDELIT), which rose 4.48% or 0.06 points to trade at 1.40 at the close. Nig Brew (LAGOS:NB) added 4.04% or 4.41 points to end at 113.61 and Access Bank (LAGOS:ACCESS) was up 1.28% or 0.05 points to 4.00 in late trade.
Biggest losers included Diamond Bank (LAGOS:DIAMONB), which lost 7.14% or 0.10 points to trade at 1.30 in late trade. Fbn Holdings (LAGOS:FBNH) declined 5.14% or 0.19 points to end at 3.51 and Firstcity Bnk (LAGOS:FCMB) shed 5.00% or 0.04 points to 0.76.
Declining stocks outnumbered rising ones by 32 to 9 and 41 ended unchanged on the Lagos.
In commodities trading, Crude oil for May delivery was down 3.09% or 1.28 to $40.17 a barrel. Meanwhile, Brent oil for delivery in May fell 2.44% or 1.02 to hit $40.77 a barrel, while the April Gold contract fell 1.99% or 24.80 to trade at $1223.80 a troy ounce.
EUR/NGN was down 0.36% to 222.770, while USD/NGN rose 0.02% to 199.185.
The US Dollar Index was up 0.50% at 96.15.