Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 1.28%.
The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 3.16% or 0.030 points to trade at 0.990 at the close. Dangsugar (LAGOS:DANGSUG) added 1.56% or 0.35 points to end at 22.85 and Pz Cussons LG (LAGOS:PZ) was up 1.52% or 0.35 points to 23.35 in late trade.
Biggest losers included Total Nig (LAGOS:TOTAL), which lost 3.92% or 9.80 points to trade at 240.50 in late trade. Union Bank LG (LAGOS:UBN) declined 3.40% or 0.25 points to end at 7.10 and Access Bank (LAGOS:ACCESS) shed 2.28% or 0.30 points to 12.85.
Declining stocks outnumbered rising ones by 51 to 47 and 12 ended unchanged on the Lagos.
In commodities trading, Crude oil for April delivery was down 2.81% or 1.76 to $60.84 a barrel. Meanwhile, Brent oil for delivery in May fell 2.48% or 1.63 to hit $64.16 a barrel, while the April Gold Futures contract fell 0.63% or 8.40 to trade at $1326.80 a troy ounce.
EUR/NGN was up 0.09% to 447.300, while USD/NGN fell 0.28% to 360.000.
The US Dollar Index Futures was up 0.15% at 89.69.