Investing.com – Nigeria equities were lower at the close on Tuesday, as losses in the Food, Beverages & Tobacco, Banking and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 1.17%.
The biggest gainers of the session on the NSE 30 were Pz Cussons LG (LAGOS:PZ), which rose 1.55% or 0.35 points to trade at 22.70 at the close. Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) added 0.63% or 0.03 points to end at 4.78 and Stanbicibtc Hl (LAGOS:IBTC) was up 0.31% or 0.05 points to 15.36 in late trade.
Biggest losers included Fbn Holdings (LAGOS:FBNH), which lost 5.93% or 0.240 points to trade at 3.810 in late trade. Union Bank LG (LAGOS:UBN) declined 4.03% or 0.21 points to end at 5.10 and Wemabank (LAGOS:WEMABAN) shed 3.85% or 0.030 points to 0.800.
Declining stocks outnumbered rising ones by 34 to 13 and 47 ended unchanged on the Lagos.
In commodities trading, Crude oil for August delivery was up 2.35% or 1.09 to $47.42 a barrel. Meanwhile, Brent oil for delivery in September rose 2.32% or 1.11 to hit $48.88 a barrel, while the August Gold contract fell 0.56% or 7.40 to trade at $1317.30 a troy ounce.
EUR/NGN was up 0.60% to 313.260, while USD/NGN rose 908.93% to 282.500.
The US Dollar Index was down 0.22% at 96.34.