Investing.com – Nigeria equities were lower at the close on Friday, as losses in the Food, Beverages & Tobacco, Banking and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 2.22%.
The biggest gainers of the session on the NSE 30 were Guiness Nig (LAGOS:GUINNES), which rose 2.10% or 1.50 points to trade at 73.00 at the close. Union Bank LG (LAGOS:UBN) added 1.56% or 0.09 points to end at 5.81 and Stanbicibtc Hl (LAGOS:IBTC) was up 1.31% or 0.40 points to 31.00 in late trade.
Biggest losers included Unilever Nig (LAGOS:UNILEVE), which lost 9.72% or 4.18 points to trade at 38.81 in late trade. Wemabank (LAGOS:WEMABAN) declined 1.64% or 0.010 points to end at 0.570 and Wapco (LAGOS:WAPCO) shed 4.99% or 2.55 points to 48.60.
Declining stocks outnumbered rising ones by 58 to 33 and 29 ended unchanged on the Lagos.
In commodities trading, Crude oil for August delivery was up 0.23% or 0.10 to $42.84 a barrel. Meanwhile, Brent oil for delivery in August rose 0.35% or 0.16 to hit $45.38 a barrel, while the August Gold Futures contract rose 0.65% or 8.08 to trade at $1257.48 a troy ounce.
EUR/NGN was up 0.01% to 352.010, while USD/NGN fell 0.15% to 324.000.
The US Dollar Index Futures was down 0.30% at 96.97.