Investing.com – Nigeria equities were lower at the close on Thursday, as losses in the Insurance, Banking and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 0.13%.
The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 3.86% or 0.17 points to trade at 4.46 at the close. Fidelitybk (LAGOS:FIDELIT) added 3.26% or 0.030 points to end at 0.940 and Diamond Bank (LAGOS:DIAMONB) was up 0.79% or 0.010 points to 1.270 in late trade.
Biggest losers included Wapco (LAGOS:WAPCO), which lost 9.49% or 5.20 points to trade at 49.59 in late trade. Firstcity Bnk (LAGOS:FCMB) declined 1.69% or 0.02 points to end at 1.16 and Wemabank (LAGOS:WEMABAN) shed 1.56% or 0.010 points to 0.640.
Declining stocks outnumbered rising ones by 22 to 20 and 42 ended unchanged on the Lagos.
In commodities trading, Crude oil for November delivery was up 1.08% or 0.54 to $50.37 a barrel. Meanwhile, Brent oil for delivery in December rose 1.27% or 0.66 to hit $52.52 a barrel, while the December Gold contract fell 1.11% or 14.05 to trade at $1254.55 a troy ounce.
EUR/NGN was up 3.13% to 352.730, while USD/NGN fell 1.59% to 310.000.
The US Dollar Index was up 0.47% at 96.58.