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 lost 1.41%.
The best performers of the session on the NSE 30 were Diamond Bank (LAGOS:DIAMONB), which fell 0.30% or 0.01 points to trade at 3.40 at the close. Meanwhile, Wemabank (LAGOS:WEMABAN) added 2.27% or 0.020 points to end at 0.900 and Stanbicibtc Hl (LAGOS:IBTC) was up 1.71% or 0.37 points to 22.00 in late trade.
The worst performers of the session were Dangsugar (LAGOS:DANGSUG), which fell 9.16% or 0.63 points to trade at 6.22 at the close. Union Bank LG (LAGOS:UBN) declined 4.97% or 0.32 points to end at 6.12 and Firstcity Bnk (LAGOS:FCMB) was down 4.71% or 0.12 points to 2.43.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 40 to 13 and 35 ended unchanged.
Crude oil for October delivery was down 3.77% or 1.71 to $43.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 2.61% or 1.29 to hit $48.27 a barrel, while the December Gold contract fell 0.44% or 5.00 to trade at $1134.80 a troy ounce.
EUR/NGN was down 0.03% to 224.280, while USD/NGN fell 0.01% to 199.155.
The US Dollar Index was up 0.44% at 95.81.