Investing.com – Nigeria stocks were higher after the close on Wednesday, as gains in the Banking, Food, Beverages & Tobacco and Insurance sectors led shares higher.
At the close in Lagos, the NSE 30 gained 2.26% to hit a new 6-months high.
The best performers of the session on the NSE 30 were Firstcity Bnk (LAGOS:FCMB), which rose 7.23% or 0.12 points to trade at 1.78 at the close. Meanwhile, Guaranty Bnk (LAGOS:GUARANT) added 5.22% or 1.15 points to end at 23.20 and Zenithbank (LAGOS:ZENITHB) was up 3.77% or 0.63 points to 17.32 in late trade.
The worst performers of the session were Wapco (LAGOS:WAPCO), which fell 5.64% or 4.39 points to trade at 73.80 at the close. Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) declined 2.21% or 0.11 points to end at 4.96 and Diamond Bank (LAGOS:DIAMONB) was down 1.76% or 0.040 points to 2.230.
Rising stocks outnumbered declining ones on the Lagos Stock Exchange by 31 to 17 and 44 ended unchanged.
Crude oil for August delivery was down 1.75% or 0.87 to $48.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.82% or 0.92 to hit $49.70 a barrel, while the August Gold contract fell 0.14% or 1.75 to trade at $1270.75 a troy ounce.
EUR/NGN was up 0.41% to 320.100, while USD/NGN unchanged 0.00% to 199.250.
The US Dollar Index was down 0.37% at 93.81.