Investing.com – Nigeria equities were lower at the close on Thursday, as losses in the Banking, Food, Beverages & Tobacco and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 1.06%.
The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 3.03% or 0.030 points to trade at 1.020 at the close. Union Bank LG (LAGOS:UBN) added 3.85% or 0.25 points to end at 6.65 and Unilever Nig (LAGOS:UNILEVE) was up 0.68% or 0.35 points to 51.55 in late trade.
Biggest losers included Guiness Nig (LAGOS:GUINNES), which lost 4.96% or 5.20 points to trade at 99.70 in late trade. Fidelitybk (LAGOS:FIDELIT) declined 4.35% or 0.130 points to end at 2.860 and Pz Cussons LG (LAGOS:PZ) shed 4.35% or 1.05 points to 23.10.
Declining stocks outnumbered rising ones by 63 to 36 and 12 ended unchanged on the Lagos.
In commodities trading, Crude oil for April delivery was down 0.94% or 0.58 to $61.06 a barrel. Meanwhile, Brent oil for delivery in May fell 1.16% or 0.75 to hit $63.98 a barrel, while the April Gold Futures contract fell 0.59% or 7.80 to trade at $1310.10 a troy ounce.
EUR/NGN was down 0.27% to 439.260, while USD/NGN fell 0.14% to 360.500.
The US Dollar Index Futures was down 0.02% at 90.59.