Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Banking, Insurance and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 1.02%.
The biggest gainers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 1.56% or 0.02 points to trade at 1.31 at the close. Nig Brew (LAGOS:NB) added 0.05% or 0.05 points to end at 100.10 and Dangsugar (LAGOS:DANGSUG) was unchanged 0.00% or 0.00 points to 5.69 in late trade.
Biggest losers included Firstcity Bnk (LAGOS:FCMB), which lost 6.17% or 0.05 points to trade at 0.76 in late trade. Zenithbank (LAGOS:ZENITHB) declined 4.98% or 0.57 points to end at 10.87 and Guiness Nig (LAGOS:GUINNES) shed 4.92% or 5.85 points to 113.00.
Declining stocks outnumbered rising ones by 23 to 13 and 47 ended unchanged on the Lagos.
In commodities trading, Crude oil for April delivery was up 0.41% or 0.13 to $32.00 a barrel. Meanwhile, Brent oil for delivery in April rose 2.37% or 0.79 to hit $34.06 a barrel, while the April Gold contract rose 1.68% or 20.50 to trade at $1243.10 a troy ounce.
EUR/NGN was down 0.30% to 218.150, while USD/NGN unchanged 0.00% to 199.100.
The US Dollar Index was down 0.05% at 97.41.