Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Food, Beverages & Tobacco, Insurance and Banking sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.07%.
The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 9.52% or 0.080 points to trade at 0.920 at the close. Union Bank LG (LAGOS:UBN) added 4.00% or 0.25 points to end at 6.55 and Diamond Bank (LAGOS:DIAMONB) was up 1.98% or 0.040 points to 2.060 in late trade.
Biggest losers included Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which lost 9.40% or 1.25 points to trade at 12.05 in late trade. Pz Cussons LG (LAGOS:PZ) declined 4.89% or 1.10 points to end at 21.40 and Unilever Nig (LAGOS:UNILEVE) shed 3.46% or 1.90 points to 53.00.
Declining stocks outnumbered rising ones by 52 to 43 and 12 ended unchanged on the Lagos.
In commodities trading, Crude oil for June delivery was up 0.21% or 0.14 to $67.39 a barrel. Meanwhile, Brent oil for delivery in July fell 0.10% or 0.07 to hit $73.06 a barrel, while the June Gold Futures contract fell 0.11% or 1.40 to trade at $1305.40 a troy ounce.
EUR/NGN was down 0.77% to 432.090, while USD/NGN fell 0.14% to 359.500.
The US Dollar Index Futures was up 0.24% at 92.50.