Investing.com – Nigeria stocks were higher after the close on Thursday, as gains in the Food, Beverages & Tobacco, Banking and Insurance sectors led shares higher.
At the close in Lagos, the NSE 30 added 0.48%.
The best performers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 5.33% or 0.040 points to trade at 0.790 at the close. Meanwhile, Nig Brew (LAGOS:NB) added 4.06% or 4.31 points to end at 110.34 and Access Bank (LAGOS:ACCESS) was up 2.78% or 0.11 points to 4.10 in late trade.
The worst performers of the session were Wapco (LAGOS:WAPCO), which fell 4.96% or 3.67 points to trade at 70.30 at the close. Diamond Bank (LAGOS:DIAMONB) declined 4.70% or 0.07 points to end at 1.42 and Guiness Nig (LAGOS:GUINNES) was down 4.21% or 4.00 points to 91.00.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 22 to 18 and 53 ended unchanged.
Shares in Wapco (LAGOS:WAPCO) fell to 52-week lows; falling 4.96% or 3.67 to 70.30. Shares in Guiness Nig (LAGOS:GUINNES) fell to all time lows; down 4.21% or 4.00 to 91.00.
Crude oil for June delivery was up 1.21% or 0.55 to $45.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.41% or 0.66 to hit $47.59 a barrel, while the June Gold contract rose 1.25% or 15.60 to trade at $1266.00 a troy ounce.
EUR/NGN was up 0.34% to 225.860, while USD/NGN fell 0.05% to 199.050.
The US Dollar Index was down 0.61% at 93.80.