Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Oil & Gas, Insurance and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 0.56%.
The biggest gainers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 4.96% or 2.25 points to trade at 47.60 at the close. Zenithbank (LAGOS:ZENITHB) added 2.56% or 0.80 points to end at 32.00 and Union Bank LG (LAGOS:UBN) was up 2.42% or 0.20 points to 8.40 in late trade.
Biggest losers included Skye Bank (LAGOS:SKYEBAN), which lost 8.94% or 0.110 points to trade at 1.120 in late trade. Wemabank (LAGOS:WEMABAN) declined 8.82% or 0.120 points to end at 1.240 and Nestle Nig (LAGOS:NESTLE) shed 5.00% or 72.20 points to 1372.80.
Declining stocks outnumbered rising ones by 66 to 25 and 12 ended unchanged on the Lagos.
In commodities trading, Crude oil for March delivery was down 2.38% or 1.51 to $61.88 a barrel. Meanwhile, Brent oil for delivery in April fell 1.78% or 1.19 to hit $65.67 a barrel, while the April Gold Futures contract fell 0.65% or 8.70 to trade at $1320.80 a troy ounce.
EUR/NGN was down 0.19% to 445.210, while USD/NGN fell 0.14% to 360.000.
The US Dollar Index Futures was up 0.66% at 90.11.