Investing.com – Nigeria stocks were higher after the close on Wednesday, as gains in the Food, Beverages & Tobacco, Insurance and Banking sectors led shares higher.
At the close in Lagos, the NSE 30 gained 0.05% to hit a new 1-month high.
The best performers of the session on the NSE 30 were Stanbicibtc Hl (LAGOS:IBTC), which rose 3.16% or 0.53 points to trade at 17.28 at the close. Meanwhile, Diamond Bank (LAGOS:DIAMONB) added 1.67% or 0.020 points to end at 1.220 and Dangsugar (LAGOS:DANGSUG) was up 1.56% or 0.10 points to 6.54 in late trade.
The worst performers of the session were Wemabank (LAGOS:WEMABAN), which fell 4.35% or 0.030 points to trade at 0.660 at the close. Union Bank LG (LAGOS:UBN) declined 2.44% or 0.11 points to end at 4.40 and Wapco (LAGOS:WAPCO) was down 2.02% or 1.13 points to 54.87.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 23 to 21 and 50 ended unchanged.
Crude oil for November delivery was up 2.15% or 0.96 to $45.63 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 2.47% or 1.15 to hit $47.67 a barrel, while the December Gold contract fell 0.46% or 6.15 to trade at $1324.25 a troy ounce.
EUR/NGN was down 1.40% to 349.120, while USD/NGN fell 1.11% to 312.000.
The US Dollar Index was up 0.14% at 95.48.