Investing.com – Nigeria equities were lower at the close on Tuesday, as losses in the Banking, Food, Beverages & Tobacco and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 1.10% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 4.92% or 0.030 points to trade at 0.640 at the close. Skye Bank (LAGOS:SKYEBAN) added 3.28% or 0.02 points to end at 0.63 and Wapco (LAGOS:WAPCO) was up 2.32% or 1.01 points to 44.51 in late trade.
Biggest losers included Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which lost 4.80% or 0.18 points to trade at 3.57 in late trade. Fidelitybk (LAGOS:FIDELIT) declined 4.65% or 0.040 points to end at 0.820 and Diamond Bank (LAGOS:DIAMONB) shed 2.61% or 0.030 points to 1.100.
Declining stocks outnumbered rising ones by 27 to 11 and 56 ended unchanged on the Lagos.
In commodities trading, Crude oil for December delivery was down 1.19% or 0.60 to $49.92 a barrel. Meanwhile, Brent oil for delivery in December fell 1.22% or 0.63 to hit $50.83 a barrel, while the December Gold contract rose 0.76% or 9.65 to trade at $1273.35 a troy ounce.
EUR/NGN was down 1.67% to 348.140, while USD/NGN unchanged 0.00% to 316.500.
The US Dollar Index was up 0.08% at 98.72.