Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Banking and Food, Beverages & Tobacco sectors led shares lower.
At the close in Lagos, the NSE 30 declined 0.45%.
The best performers of the session on the NSE 30 were Firstcity Bnk (LAGOS:FCMB), which rose 4.32% or 0.06 points to trade at 1.45 at the close. Meanwhile, Pz Cussons LG (LAGOS:PZ) added 0.60% or 0.13 points to end at 21.70 and Wapco (LAGOS:WAPCO) was up 0.13% or 0.08 points to 61.50 in late trade.
The worst performers of the session were Skye Bank (LAGOS:SKYEBAN), which fell 8.22% or 0.06 points to trade at 0.67 at the close. Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) declined 3.70% or 0.17 points to end at 4.42 and Diamond Bank (LAGOS:DIAMONB) was down 1.56% or 0.030 points to 1.890.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 25 to 15 and 45 ended unchanged.
Shares in Skye Bank (LAGOS:SKYEBAN) fell to all time lows; down 8.22% or 0.06 to 0.67.
Crude oil for August delivery was down 4.42% or 2.07 to $44.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 4.58% or 2.22 to hit $46.25 a barrel, while the August Gold contract rose 0.54% or 7.20 to trade at $1342.50 a troy ounce.
EUR/NGN was down 0.34% to 313.420, while USD/NGN rose 0.18% to 283.000.
The US Dollar Index was down 0.36% at 96.20.