Investing.com – Nigeria equities were lower at the close on Tuesday, as losses in the Oil & Gas, Food, Beverages & Tobacco and Banking sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 0.12% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Nestle Nig (LAGOS:NESTLE), which rose 1.98% or 23.90 points to trade at 1235.00 at the close. Guaranty Bnk (LAGOS:GUARANT) added 1.42% or 0.54 points to end at 38.07 and Stanbicibtc Hl (LAGOS:IBTC) was up 1.27% or 0.50 points to 40.00 in late trade.
Biggest losers included Union Bank LG (LAGOS:UBN), which lost 5.00% or 0.30 points to trade at 5.70 in late trade. Fbn Holdings (LAGOS:FBNH) declined 4.99% or 0.270 points to end at 5.140 and Pz Cussons LG (LAGOS:PZ) shed 4.00% or 1.00 points to 24.00.
Declining stocks outnumbered rising ones by 52 to 24 and 18 ended unchanged on the Lagos.
In commodities trading, Crude oil for November delivery was down 0.60% or 0.30 to $50.05 a barrel. Meanwhile, Brent oil for delivery in November fell 0.58% or 0.32 to hit $55.16 a barrel, while the December Gold Futures contract rose 0.04% or 0.46 to trade at $1311.26 a troy ounce.
EUR/NGN was down 0.13% to 430.420, while USD/NGN fell 0.42% to 359.000.
The US Dollar Index Futures was down 0.10% at 91.72.