Investing.com – Nigeria stocks were higher after the close on Wednesday, as gains in the Food, Beverages & Tobacco, Banking and Insurance sectors led shares higher.
At the close in Lagos, the NSE 30 added 0.04%.
The best performers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 4.60% or 2.11 points to trade at 48.01 at the close. Meanwhile, Dangsugar (LAGOS:DANGSUG) added 4.50% or 0.28 points to end at 6.50 and Fidelitybk (LAGOS:FIDELIT) was up 3.66% or 0.030 points to 0.850 in late trade.
The worst performers of the session were Uacn Prop (LAGOS:UACN), which fell 5.00% or 0.97 points to trade at 18.43 at the close. Wemabank (LAGOS:WEMABAN) declined 4.69% or 0.030 points to end at 0.610 and Pz Cussons LG (LAGOS:PZ) was down 0.90% or 0.15 points to 16.50.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 17 to 17 and 52 ended unchanged.
Shares in Unilever Nig (LAGOS:UNILEVE) rose to 52-week highs; gaining 4.60% or 2.11 to 48.01. Shares in Wemabank (LAGOS:WEMABAN) fell to 3-years lows; down 4.69% or 0.030 to 0.610.
Crude oil for December delivery was down 1.92% or 0.96 to $49.00 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 2.09% or 1.06 to hit $49.73 a barrel, while the December Gold contract fell 0.56% or 7.15 to trade at $1266.45 a troy ounce.
EUR/NGN was down 0.40% to 346.750, while USD/NGN unchanged 0.00% to 316.500.
The US Dollar Index was down 0.09% at 98.60.