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 lost 0.51%.
The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 9.70% or 0.130 points to trade at 1.470 at the close. Guiness Nig (LAGOS:GUINNES) added 5.00% or 5.65 points to end at 118.65 and Wapco (LAGOS:WAPCO) was up 4.57% or 2.40 points to 54.15 in late trade.
Biggest losers included Pz Cussons LG (LAGOS:PZ), which lost 4.88% or 1.15 points to trade at 22.40 in late trade. Skye Bank (LAGOS:SKYEBAN) declined 4.55% or 0.070 points to end at 1.470 and Fidelitybk (LAGOS:FIDELIT) shed 3.68% or 0.140 points to 3.660.
Declining stocks outnumbered rising ones by 52 to 39 and 9 ended unchanged on the Lagos.
In commodities trading, Crude oil for March delivery was down 0.03% or 0.02 to $64.48 a barrel. Meanwhile, Brent oil for delivery in April rose 0.12% or 0.08 to hit $68.60 a barrel, while the February Gold Futures contract rose 0.35% or 4.70 to trade at $1340.10 a troy ounce.
EUR/NGN was up 0.14% to 448.990, while USD/NGN unchanged 0.00% to 360.000.
The US Dollar Index Futures was down 0.12% at 88.91.