Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Banking, Food, Beverages & Tobacco and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 fell 0.61%.
The best performers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 4.65% or 0.040 points to trade at 0.900 at the close. Meanwhile, Nig Brew (LAGOS:NB) added 0.40% or 0.50 points to end at 126.41 and Pz Cussons LG (LAGOS:PZ) was unchanged 0.00% or 0.00 points to 31.40 in late trade.
The worst performers of the session were Skye Bank (LAGOS:SKYEBAN), which fell 5.80% or 0.12 points to trade at 1.95 at the close. Stanbicibtc Hl (LAGOS:IBTC) declined 5.00% or 1.05 points to end at 19.95 and Dangflour (LAGOS:DANGFLO) was down 4.97% or 0.16 points to 3.06.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 35 to 11 and 44 ended unchanged.
Shares in Stanbicibtc Hl (LAGOS:IBTC) fell to 52-week lows; down 5.00% or 1.05 to 19.95.
Crude oil for September delivery was up 0.14% or 0.06 to $43.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.46% or 0.23 to hit $49.94 a barrel, while the December Gold contract rose 1.37% or 15.20 to trade at $1122.90 a troy ounce.
EUR/NGN was up 0.48% to 220.700, while USD/NGN rose 0.25% to 199.350.
The US Dollar Index was down 1.24% at 96.03.