Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Food, Beverages & Tobacco, Insurance and Banking sectors led shares lower.
At the close in Lagos, the NSE 30 declined 0.24%.
The best performers of the session on the NSE 30 were Stanbicibtc Hl (LAGOS:IBTC), which rose 4.98% or 1.11 points to trade at 23.42 at the close. Meanwhile, Fbn Holdings (LAGOS:FBNH) added 2.05% or 0.070 points to end at 3.480 and Pz Cussons LG (LAGOS:PZ) was up 1.76% or 0.26 points to 14.70 in late trade.
The worst performers of the session were Diamond Bank (LAGOS:DIAMONB), which fell 8.79% or 0.080 points to trade at 0.830 at the close. Uacn Prop (LAGOS:UACN) declined 2.98% or 0.43 points to end at 13.82 and Guiness Nig (LAGOS:GUINNES) was 0.00% or 0.00 points to 62.01.
Rising stocks outnumbered declining ones on the Lagos by 24 to 10 and 55 ended unchanged.
Shares in Stanbicibtc Hl (LAGOS:IBTC) rose to 52-week highs; up 4.98% or 1.11 to 23.42.
Crude oil for June delivery was up 0.36% or 0.18 to $49.74 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.15% or 0.08 to hit $52.49 a barrel, while the June Gold Futures contract fell 0.28% or 3.49 to trade at $1263.71 a troy ounce.
EUR/NGN was up 0.12% to 342.840, while USD/NGN fell 0.32% to 316.500.
The US Dollar Index Futures was up 0.40% at 99.11.