Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Banking, Insurance and Food, Beverages & Tobacco sectors led shares lower.
At the close in Lagos, the NSE 30 fell 0.89% to hit a new 6-months low.
The best performers of the session on the NSE 30 were Dangsugar (LAGOS:DANGSUG), which rose 2.94% or 0.18 points to trade at 6.30 at the close. Meanwhile, Guiness Nig (LAGOS:GUINNES) added 1.69% or 1.50 points to end at 90.00 and Unilever Nig (LAGOS:UNILEVE) was up 0.10% or 0.05 points to 47.03 in late trade.
The worst performers of the session were Pz Cussons LG (LAGOS:PZ), which fell 8.39% or 1.51 points to trade at 16.49 at the close. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) declined 4.83% or 0.18 points to end at 3.55 and Access Bank (LAGOS:ACCESS) was down 4.63% or 0.25 points to 5.15.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 27 to 11 and 41 ended unchanged.
Crude oil for December delivery was up 1.40% or 0.63 to $45.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.22% or 0.56 to hit $46.60 a barrel, while the December Gold contract rose 0.34% or 4.35 to trade at $1278.85 a troy ounce.
EUR/NGN was down 0.83% to 349.610, while USD/NGN fell 0.16% to 316.500.
The US Dollar Index was up 0.52% at 98.39.