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 fell 0.25% to hit a new 3-month low.
The biggest gainers of the session on the NSE 30 were Total Nig (LAGOS:TOTAL), which rose 5.00% or 10.60 points to trade at 222.60 at the close. Fbn Holdings (LAGOS:FBNH) added 0.94% or 0.100 points to end at 10.550 and Guaranty Bnk (LAGOS:GUARANT) was up 0.23% or 0.10 points to 43.50 in late trade.
Biggest losers included Uacn Prop (LAGOS:UACN), which lost 8.52% or 1.35 points to trade at 14.95 in late trade. Pz Cussons LG (LAGOS:PZ) declined 4.81% or 1.05 points to end at 20.80 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) shed 4.74% or 0.50 points to 10.05.
Declining stocks outnumbered rising ones by 71 to 22 and 13 ended unchanged on the Lagos.
In commodities trading, Crude oil for July delivery was down 0.78% or 0.56 to $71.64 a barrel. Meanwhile, Brent oil for delivery in July fell 0.44% or 0.35 to hit $79.22 a barrel, while the June Gold Futures contract fell 0.12% or 1.60 to trade at $1290.40 a troy ounce.
EUR/NGN was down 0.81% to 421.710, while USD/NGN fell 0.14% to 360.500.
The US Dollar Index Futures was up 0.58% at 94.05.