Investing.com – Nigeria equities were lower at the close on Tuesday, as losses in the Food, Beverages & Tobacco, Oil & Gas and Banking sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 0.82% to hit a new 6-month low.
The biggest gainers of the session on the NSE 30 were Total Nig (LAGOS:TOTAL), which rose 3.05% or 8.00 points to trade at 270.00 at the close. Guaranty Bnk (LAGOS:GUARANT) added 1.82% or 0.42 points to end at 23.50 and Stanbicibtc Hl (LAGOS:IBTC) was up 1.07% or 0.19 points to 17.81 in late trade.
Biggest losers included Nestle Nig (LAGOS:NESTLE), which lost 5.00% or 34.00 points to trade at 654.90 in late trade. Pz Cussons LG (LAGOS:PZ) declined 4.97% or 0.64 points to end at 12.23 and Fbn Holdings (LAGOS:FBNH) shed 4.86% or 0.170 points to 3.330.
Declining stocks outnumbered rising ones by 22 to 14 and 56 ended unchanged on the Lagos.
In commodities trading, Crude oil for March delivery was down 1.87% or 0.99 to $52.02 a barrel. Meanwhile, Brent oil for delivery in April fell 1.47% or 0.82 to hit $54.90 a barrel, while the April Gold Futures contract rose 0.29% or 3.55 to trade at $1235.65 a troy ounce.
EUR/NGN was down 0.84% to 335.620, while USD/NGN fell 0.17% to 314.700.
The US Dollar Index Futures was up 0.42% at 100.26.