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 0.94% to hit a new 6-months low.
The best performers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 3.37% or 0.14 points to trade at 4.23 at the close. Meanwhile, Wapco (LAGOS:WAPCO) added 0.23% or 0.10 points to end at 44.10 and Dangsugar (LAGOS:DANGSUG) was unchanged 0.00% or 0.00 points to 6.30 in late trade.
The worst performers of the session were Wemabank (LAGOS:WEMABAN), which fell 4.84% or 0.030 points to trade at 0.590 at the close. Diamond Bank (LAGOS:DIAMONB) declined 4.26% or 0.040 points to end at 0.900 and Fidelitybk (LAGOS:FIDELIT) was down 3.80% or 0.030 points to 0.760.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 33 to 6 and 45 ended unchanged.
Shares in Diamond Bank (LAGOS:DIAMONB) fell to all time lows; down 4.26% or 0.040 to 0.900. Shares in Fidelitybk (LAGOS:FIDELIT) fell to all time lows; down 3.80% or 0.030 to 0.760.
Crude oil for December delivery was down 0.59% or 0.27 to $45.54 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.70% or 0.33 to hit $46.62 a barrel, while the December Gold contract rose 0.31% or 3.75 to trade at $1228.25 a troy ounce.
EUR/NGN was down 0.86% to 336.500, while USD/NGN fell 0.49% to 314.935.
The US Dollar Index was up 0.04% at 100.24.