Investing.com – Nigeria stocks were higher after the close on Wednesday, as gains in the Banking, Food, Beverages & Tobacco and Insurance sectors led shares higher.
At the close in Lagos, the NSE 30 added 1.70% to hit a new 3-years high.
The best performers of the session on the NSE 30 were Fbn Holdings (LAGOS:FBNH), which rose 10.12% or 0.780 points to trade at 8.490 at the close. Meanwhile, Diamond Bank (LAGOS:DIAMONB) added 9.29% or 0.130 points to end at 1.530 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) was up 7.96% or 0.89 points to 12.07 in late trade.
The worst performers of the session were Total Nig (LAGOS:TOTAL), which fell 4.15% or 9.95 points to trade at 230.05 at the close. Pz Cussons LG (LAGOS:PZ) declined 3.89% or 0.89 points to end at 22.03 and Wapco (LAGOS:WAPCO) was down 2.03% or 1.01 points to 48.79.
Rising stocks outnumbered declining ones on the Lagos by 53 to 26 and 23 ended unchanged.
Shares in Fbn Holdings (LAGOS:FBNH) rose to 52-week highs; gaining 10.12% or 0.780 to 8.490. Shares in Diamond Bank (LAGOS:DIAMONB) rose to 52-week highs; up 9.29% or 0.130 to 1.530. Shares in Dangote Flour Mills PLC (LAGOS:DANGFLOUR) rose to 5-year highs; up 7.96% or 0.89 to 12.07.
Crude oil for January delivery was down 2.46% or 1.42 to $56.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.10% or 1.32 to hit $61.54 a barrel, while the February Gold Futures contract rose 0.12% or 1.50 to trade at $1266.40 a troy ounce.
EUR/NGN was down 0.45% to 425.260, while USD/NGN fell 0.14% to 360.000.
The US Dollar Index Futures was up 0.36% at 93.61.