Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Food, Beverages & Tobacco, Oil & Gas and Banking sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 0.90% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Wapco (LAGOS:WAPCO), which rose 8.27% or 3.39 points to trade at 43.77 at the close. Access Bank (LAGOS:ACCESS) added 3.03% or 0.20 points to end at 6.80 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) was unchanged 0.00% or 0.00 points to 4.03 in late trade.
Biggest losers included Guiness Nig (LAGOS:GUINNES), which lost 4.99% or 3.20 points to trade at 60.96 in late trade. Unilever Nig (LAGOS:UNILEVE) declined 4.99% or 1.77 points to end at 33.73 and Total Nig (LAGOS:TOTAL) shed 4.14% or 12.01 points to 278.00.
Declining stocks outnumbered rising ones by 27 to 9 and 53 ended unchanged on the Lagos.
In commodities trading, Crude oil for March delivery was up 0.49% or 0.26 to $53.07 a barrel. Meanwhile, Brent oil for delivery in April rose 0.70% or 0.39 to hit $55.97 a barrel, while the April Gold Futures contract fell 0.47% or 5.65 to trade at $1205.75 a troy ounce.
EUR/NGN was up 0.21% to 329.140, while USD/NGN fell 4.02% to 304.750.
The US Dollar Index Futures was up 0.35% at 99.88.