Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Insurance, Banking and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 0.04%.
The biggest gainers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 7.76% or 0.18 points to trade at 2.50 at the close. Diamond Bank (LAGOS:DIAMONB) added 4.20% or 0.05 points to end at 1.24 and Fbn Holdings (LAGOS:FBNH) was up 2.94% or 0.10 points to 3.50 in late trade.
Biggest losers included Guaranty Bnk (LAGOS:GUARANT), which lost 0.92% or 0.13 points to trade at 14.00 in late trade. Stanbicibtc Hl (LAGOS:IBTC) declined 0.29% or 0.04 points to end at 13.70 and Access Bank (LAGOS:ACCESS) shed 0.25% or 0.01 points to 4.04.
Declining stocks outnumbered rising ones by 21 to 14 and 44 ended unchanged on the Lagos.
In commodities trading, Crude oil for May delivery was up 5.07% or 1.82 to $37.71 a barrel. Meanwhile, Brent oil for delivery in June rose 5.10% or 1.93 to hit $39.80 a barrel, while the June Gold contract fell 0.47% or 5.80 to trade at $1223.80 a troy ounce.
EUR/NGN was down 0.01% to 226.080, while USD/NGN unchanged 0.00% to 199.100.
The US Dollar Index was down 0.23% at 94.39.