Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Insurance, Food, Beverages & Tobacco and Banking sectors led shares lower.
At the close in Lagos, the NSE 30 declined 0.02%.
The best performers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 6.42% or 0.35 points to trade at 5.80 at the close. Meanwhile, Skye Bank (LAGOS:SKYEBAN) added 6.06% or 0.040 points to end at 0.700 and Unilever Nig (LAGOS:UNILEVE) was up 4.65% or 2.00 points to 45.00 in late trade.
The worst performers of the session were Pz Cussons LG (LAGOS:PZ), which fell 7.41% or 1.00 points to trade at 13.85 at the close. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) declined 4.61% or 0.35 points to end at 7.25 and Total Nig (LAGOS:TOTAL) was down 3.53% or 6.70 points to 183.00.
Rising stocks outnumbered declining ones on the Lagos by 48 to 40 and 12 ended unchanged.
Crude oil for November delivery was up 1.31% or 0.91 to $70.50 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.35% or 0.28 to hit $79.31 a barrel, while the December Gold Futures contract rose 0.46% or 5.50 to trade at $1208.40 a troy ounce.
EUR/NGN was up 0.89% to 423.750, while USD/NGN fell 0.14% to 362.000.
The US Dollar Index Futures was down 0.12% at 94.11.