Investing.com – Nigeria equities were lower at the close on Friday, as losses in the Banking, Oil & Gas and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 1.18% to hit a new 3-month low.
The biggest gainers of the session on the NSE 30 were Stanbicibtc Hl (LAGOS:IBTC), which rose 3.07% or 0.64 points to trade at 21.62 at the close. Dangsugar (LAGOS:DANGSUG) added 0.17% or 0.01 points to end at 6.08 and Wapco (LAGOS:WAPCO) was unchanged 0.00% or 0.00 points to 101.89 in late trade.
Biggest losers included Guiness Nig (LAGOS:GUINNES), which lost 4.98% or 6.56 points to trade at 125.10 in late trade. Fbn Holdings (LAGOS:FBNH) declined 4.43% or 0.32 points to end at 6.89 and Access Bank (LAGOS:ACCESS) shed 4.22% or 0.21 points to 4.77.
Declining stocks outnumbered rising ones by 36 to 18 and 36 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was down 1.90% or 0.92 to $47.60 a barrel. Meanwhile, Brent oil for delivery in September fell 1.40% or 0.74 to hit $52.56 a barrel, while the December Gold contract rose 0.57% or 6.20 to trade at $1094.90 a troy ounce.
EUR/NGN was down 0.56% to 217.170, while USD/NGN unchanged 0.00% to 198.900.
The US Dollar Index was down 0.65% at 96.98.