Investing.com – Nigeria equities were lower at the close on Friday, as losses in the Banking, Food, Beverages & Tobacco and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 1.20%.
The biggest gainers of the session on the NSE 30 were Diamond Bank (LAGOS:DIAMONB), which rose 3.49% or 0.080 points to trade at 2.350 at the close. Pz Cussons LG (LAGOS:PZ) added 2.23% or 0.47 points to end at 22.16 and Guiness Nig (LAGOS:GUINNES) was up 0.04% or 0.04 points to 111.15 in late trade.
Biggest losers included Firstcity Bnk (LAGOS:FCMB), which lost 5.08% or 0.09 points to trade at 1.68 in late trade. Fbn Holdings (LAGOS:FBNH) declined 4.83% or 0.210 points to end at 4.140 and Fidelitybk (LAGOS:FIDELIT) shed 3.60% or 0.050 points to 1.330.
Declining stocks outnumbered rising ones by 30 to 22 and 46 ended unchanged on the Lagos.
In commodities trading, Crude oil for August delivery was down 4.39% or 2.20 to $47.91 a barrel. Meanwhile, Brent oil for delivery in August fell 4.36% or 2.22 to hit $48.69 a barrel, while the August Gold contract rose 4.43% or 55.95 to trade at $1319.05 a troy ounce.
EUR/NGN was down 3.81% to 310.830, while USD/NGN fell 0.53% to 282.000.
The US Dollar Index was up 2.12% at 95.31.