Investing.com – Nigeria equities were lower at the close on Friday, as losses in the Banking, Insurance and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.10%.
The biggest gainers of the session on the NSE 30 were Fidelitybk (LAGOS:FIDELIT), which rose 2.22% or 0.03 points to trade at 1.38 at the close. Guaranty Bnk (LAGOS:GUARANT) added 1.20% or 0.17 points to end at 14.25 and Dangsugar (LAGOS:DANGSUG) was up 0.94% or 0.05 points to 5.33 in late trade.
Biggest losers included Fbn Holdings (LAGOS:FBNH), which lost 4.57% or 0.16 points to trade at 3.34 in late trade. Skye Bank (LAGOS:SKYEBAN) declined 2.08% or 0.02 points to end at 0.94 and Stanbicibtc Hl (LAGOS:IBTC) shed 1.93% or 0.26 points to 13.19.
Declining stocks outnumbered rising ones by 22 to 17 and 54 ended unchanged on the Lagos.
In commodities trading, Crude oil for May delivery was up 6.12% or 2.28 to $39.54 a barrel. Meanwhile, Brent oil for delivery in June rose 6.09% or 2.40 to hit $41.83 a barrel, while the June Gold contract rose 0.44% or 5.40 to trade at $1242.90 a troy ounce.
EUR/NGN was up 0.05% to 226.490, while USD/NGN unchanged 0.00% to 199.150.
The US Dollar Index was down 0.29% at 94.23.