Investing.com – Nigeria stocks were lower after the close on Thursday, as losses in the Insurance, Banking and Oil & Gas sectors led shares lower.
At the close in Lagos, the NSE 30 lost 0.13%.
The best performers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 3.86% or 0.17 points to trade at 4.46 at the close. Meanwhile, Fidelitybk (LAGOS:FIDELIT) added 3.26% or 0.030 points to end at 0.940 and Diamond Bank (LAGOS:DIAMONB) was up 0.79% or 0.010 points to 1.270 in late trade.
The worst performers of the session were Wapco (LAGOS:WAPCO), which fell 9.49% or 5.20 points to trade at 49.59 at the close. Firstcity Bnk (LAGOS:FCMB) declined 1.69% or 0.02 points to end at 1.16 and Wemabank (LAGOS:WEMABAN) was down 1.56% or 0.010 points to 0.640.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 22 to 20 and 42 ended unchanged.
Shares in Wapco (LAGOS:WAPCO) fell to 3-years lows; losing 9.49% or 5.20 to 49.59.
Crude oil for November delivery was up 1.08% or 0.54 to $50.37 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.27% or 0.66 to hit $52.52 a barrel, while the December Gold contract fell 1.11% or 14.05 to trade at $1254.55 a troy ounce.
EUR/NGN was up 3.13% to 352.730, while USD/NGN fell 1.59% to 310.000.
The US Dollar Index was up 0.47% at 96.58.