Investing.com – Nigeria equities were lower at the close on Tuesday, as losses in the Food, Beverages & Tobacco, Insurance and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 2.05% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Access Bank (LAGOS:ACCESS), which rose 3.90% or 0.45 points to trade at 12.00 at the close. Zenithbank (LAGOS:ZENITHB) added 2.04% or 0.60 points to end at 30.00 and Wapco (LAGOS:WAPCO) was up 2.00% or 1.00 points to 51.10 in late trade.
Biggest losers included Skye Bank (LAGOS:SKYEBAN), which lost 6.54% or 0.070 points to trade at 1.000 in late trade. Union Bank LG (LAGOS:UBN) declined 5.00% or 0.40 points to end at 7.60 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) shed 4.73% or 0.75 points to 15.10.
Declining stocks outnumbered rising ones by 64 to 20 and 14 ended unchanged on the Lagos.
In commodities trading, Crude oil for March delivery was down 0.29% or 0.17 to $59.12 a barrel. Meanwhile, Brent oil for delivery in April fell 0.06% or 0.04 to hit $62.55 a barrel, while the April Gold Futures contract rose 0.31% or 4.10 to trade at $1330.50 a troy ounce.
EUR/NGN was up 0.58% to 444.870, while USD/NGN unchanged 0.00% to 360.500.
The US Dollar Index Futures was down 0.53% at 89.53.