Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Banking, Oil & Gas and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 fell 0.52%.
The best performers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 10.00% or 0.33 points to trade at 3.63 at the close. Meanwhile, Unilever Nig (LAGOS:UNILEVE) added 4.98% or 1.53 points to end at 32.24 and Union Bank LG (LAGOS:UBN) was up 3.26% or 0.15 points to 4.59 in late trade.
The worst performers of the session were Pz Cussons LG (LAGOS:PZ), which fell 5.00% or 1.12 points to trade at 21.30 at the close. Fidelitybk (LAGOS:FIDELIT) declined 4.55% or 0.05 points to end at 1.05 and Wemabank (LAGOS:WEMABAN) was down 2.63% or 0.020 points to 0.740.
Rising stocks outnumbered declining ones on the Lagos Stock Exchange by 26 to 20 and 36 ended unchanged.
Shares in Fidelitybk (LAGOS:FIDELIT) fell to all time lows; losing 4.55% or 0.05 to 1.05.
Crude oil for June delivery was down 0.80% or 0.35 to $43.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 1.53% or 0.69 to hit $44.28 a barrel, while the June Gold contract fell 1.27% or 16.45 to trade at $1275.35 a troy ounce.
EUR/NGN was down 0.76% to 228.770, while USD/NGN fell 0.05% to 199.000.
The US Dollar Index was up 0.28% at 93.28.