Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Oil & Gas, Food, Beverages & Tobacco and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.08%.
The biggest gainers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 5.21% or 0.050 points to trade at 1.010 at the close. Nestle Nig (LAGOS:NESTLE) added 4.98% or 70.90 points to end at 1493.40 and Fbn Holdings (LAGOS:FBNH) was up 1.63% or 0.200 points to 12.500 in late trade.
Biggest losers included Pz Cussons LG (LAGOS:PZ), which lost 4.89% or 1.10 points to trade at 21.40 in late trade. Union Bank LG (LAGOS:UBN) declined 4.76% or 0.30 points to end at 6.00 and Guiness Nig (LAGOS:GUINNES) shed 2.91% or 3.00 points to 100.00.
Declining stocks outnumbered rising ones by 58 to 38 and 12 ended unchanged on the Lagos.
In commodities trading, Crude oil for May delivery was up 1.98% or 1.32 to $67.84 a barrel. Meanwhile, Brent oil for delivery in June rose 1.72% or 1.23 to hit $72.81 a barrel, while the June Gold Futures contract rose 0.33% or 4.50 to trade at $1354.00 a troy ounce.
EUR/NGN was up 0.01% to 445.420, while USD/NGN fell 0.14% to 360.000.
The US Dollar Index Futures was up 0.10% at 89.31.