Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Banking, Oil & Gas and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 lost 0.92% to hit a new 1-month low.
The best performers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 8.33% or 0.06 points to trade at 0.78 at the close. Meanwhile, Dangsugar (LAGOS:DANGSUG) added 2.26% or 0.15 points to end at 6.75 and Nig Brew (LAGOS:NB) was up 0.04% or 0.06 points to 135.14 in late trade.
The worst performers of the session were Stanbicibtc Hl (LAGOS:IBTC), which fell 4.83% or 0.72 points to trade at 14.18 at the close. Firstcity Bnk (LAGOS:FCMB) declined 2.94% or 0.04 points to end at 1.30 and Zenithbank (LAGOS:ZENITHB) was down 3.97% or 0.64 points to 15.64.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 26 to 7 and 54 ended unchanged.
Crude oil for September delivery was up 1.10% or 0.50 to $45.95 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.52% or 0.71 to hit $47.37 a barrel, while the August Gold contract fell 0.96% or 12.80 to trade at $1319.50 a troy ounce.
EUR/NGN was up 3.70% to 324.270, while USD/NGN rose 3.76% to 293.500.
The US Dollar Index was up 0.14% at 97.20.