Investing.com – Nigeria stocks were higher after the close on Wednesday, as gains in the Insurance, Banking and Oil & Gas sectors led shares higher.
At the close in Lagos, the NSE 30 rose 0.45%.
The best performers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which unchanged 0.00% or 0.00 points to trade at 34.65 at the close. Meanwhile, Stanbicibtc Hl (LAGOS:IBTC) added 4.98% or 0.66 points to end at 13.88 and Guaranty Bnk (LAGOS:GUARANT) was up 4.96% or 1.11 points to 23.47 in late trade.
The worst performers of the session were Skye Bank (LAGOS:SKYEBAN), which fell 5.00% or 0.04 points to trade at 0.76 at the close. Nig Brew (LAGOS:NB) declined 4.46% or 6.54 points to end at 139.69 and Wemabank (LAGOS:WEMABAN) was down 2.60% or 0.020 points to 0.750.
Rising stocks outnumbered declining ones on the Lagos Stock Exchange by 24 to 23 and 38 ended unchanged.
Crude oil for September delivery was down 2.52% or 1.08 to $41.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 2.85% or 1.29 to hit $43.94 a barrel, while the December Gold contract rose 0.44% or 5.85 to trade at $1334.15 a troy ounce.
EUR/NGN was up 1.37% to 346.590, while USD/NGN rose 4.08% to 312.500.
The US Dollar Index was up 0.11% at 97.28.