Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Banking, Insurance and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.29% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Fidelitybk (LAGOS:FIDELIT), which rose 5.76% or 0.140 points to trade at 2.570 at the close. Access Bank (LAGOS:ACCESS) added 4.89% or 0.55 points to end at 11.55 and Union Bank LG (LAGOS:UBN) was up 3.73% or 0.25 points to 6.95 in late trade.
Biggest losers included Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which lost 9.54% or 1.45 points to trade at 13.75 in late trade. Zenithbank (LAGOS:ZENITHB) declined 8.22% or 2.45 points to end at 27.35 and Pz Cussons LG (LAGOS:PZ) shed 4.90% or 1.15 points to 22.30.
Declining stocks outnumbered rising ones by 66 to 28 and 11 ended unchanged on the Lagos.
In commodities trading, Crude oil for May delivery was down 0.44% or 0.28 to $63.23 a barrel. Meanwhile, Brent oil for delivery in June fell 0.47% or 0.32 to hit $67.80 a barrel, while the June Gold Futures contract rose 0.28% or 3.70 to trade at $1341.00 a troy ounce.
EUR/NGN was down 0.03% to 442.260, while USD/NGN unchanged 0.00% to 360.000.
The US Dollar Index Futures was down 0.13% at 89.73.