Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Banking, Oil & Gas and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.68% to hit a new 6-month low.
The biggest gainers of the session on the NSE 30 were Pz Cussons LG (LAGOS:PZ), which rose 9.74% or 1.50 points to trade at 16.90 at the close. Union Bank LG (LAGOS:UBN) added 3.51% or 0.20 points to end at 5.85 and Fidelitybk (LAGOS:FIDELIT) was up 2.04% or 0.040 points to 2.000 in late trade.
Biggest losers included Fbn Holdings (LAGOS:FBNH), which lost 9.76% or 1.000 points to trade at 9.250 in late trade. Wemabank (LAGOS:WEMABAN) declined 8.82% or 0.060 points to end at 0.620 and Guaranty Bnk (LAGOS:GUARANT) shed 6.76% or 2.65 points to 37.00.
Declining stocks outnumbered rising ones by 55 to 32 and 12 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was up 0.48% or 0.32 to $67.48 a barrel. Meanwhile, Brent oil for delivery in September rose 0.97% or 0.70 to hit $72.86 a barrel, while the August Gold Futures contract rose 0.02% or 0.30 to trade at $1227.60 a troy ounce.
EUR/NGN was down 0.95% to 355.110, while USD/NGN fell 0.14% to 360.500.
The US Dollar Index Futures was up 0.03% at 94.76.