Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Insurance, Food, Beverages & Tobacco and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 0.50% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Fidelitybk (LAGOS:FIDELIT), which rose 7.76% or 0.180 points to trade at 2.500 at the close. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) added 5.00% or 0.75 points to end at 15.45 and Guiness Nig (LAGOS:GUINNES) was up 4.79% or 4.80 points to 102.00 in late trade.
Biggest losers included Wapco (LAGOS:WAPCO), which lost 6.55% or 3.30 points to trade at 47.05 in late trade. Skye Bank (LAGOS:SKYEBAN) declined 5.00% or 0.040 points to end at 0.760 and Pz Cussons LG (LAGOS:PZ) shed 4.88% or 1.15 points to 22.40.
Declining stocks outnumbered rising ones by 60 to 32 and 11 ended unchanged on the Lagos.
In commodities trading, Crude oil for May delivery was up 2.33% or 1.48 to $65.02 a barrel. Meanwhile, Brent oil for delivery in May rose 2.52% or 1.70 to hit $69.12 a barrel, while the April Gold Futures contract rose 0.71% or 9.30 to trade at $1321.20 a troy ounce.
EUR/NGN was down 0.32% to 441.880, while USD/NGN unchanged 0.00% to 360.500.
The US Dollar Index Futures was down 0.23% at 89.80.