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 lost 0.95%.
The best performers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which unchanged 0.00% or 0.000 points to trade at 0.790 at the close. Meanwhile, Firstcity Bnk (LAGOS:FCMB) added 3.75% or 0.03 points to end at 0.83 and Wapco (LAGOS:WAPCO) was up 2.60% or 2.00 points to 78.45 in late trade.
The worst performers of the session were Fbn Holdings (LAGOS:FBNH), which fell 5.36% or 0.17 points to trade at 3.09 at the close. Pz Cussons LG (LAGOS:PZ) declined 4.98% or 1.19 points to end at 22.71 and Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) was down 4.71% or 0.12 points to 2.43.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 23 to 15 and 48 ended unchanged.
Shares in Fbn Holdings (LAGOS:FBNH) fell to all time lows; losing 5.36% or 0.17 to 3.09.
Crude oil for May delivery was unchanged 0.00% or 0.00 to $38.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.55% or 0.22 to hit $40.07 a barrel, while the June Gold contract fell 0.56% or 6.90 to trade at $1230.60 a troy ounce.
EUR/NGN was up 1.43% to 225.110, while USD/NGN unchanged 0.00% to 199.150.
The US Dollar Index was down 0.28% at 94.90.