Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Food, Beverages & Tobacco, Oil & Gas and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 fell 0.35%.
The best performers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 9.09% or 0.060 points to trade at 0.720 at the close. Meanwhile, Fidelitybk (LAGOS:FIDELIT) added 6.76% or 0.140 points to end at 2.210 and Stanbicibtc Hl (LAGOS:IBTC) was up 1.73% or 0.90 points to 52.95 in late trade.
The worst performers of the session were Pz Cussons LG (LAGOS:PZ), which fell 9.66% or 2.00 points to trade at 18.70 at the close. Unilever Nig (LAGOS:UNILEVE) declined 6.82% or 3.75 points to end at 51.05 and Union Bank LG (LAGOS:UBN) was down 3.33% or 0.20 points to 6.00.
Falling stocks outnumbered advancing ones on the Lagos by 70 to 31 and 14 ended unchanged.
Shares in Pz Cussons LG (LAGOS:PZ) fell to 52-week lows; losing 9.66% or 2.00 to 18.70. Shares in Stanbicibtc Hl (LAGOS:IBTC) rose to all time highs; up 1.73% or 0.90 to 52.95.
Crude oil for August delivery was up 0.26% or 0.19 to $74.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.55% or 0.43 to hit $78.19 a barrel, while the August Gold Futures contract rose 0.37% or 4.60 to trade at $1258.10 a troy ounce.
EUR/NGN was down 0.05% to 419.090, while USD/NGN fell 0.11% to 360.110.
The US Dollar Index Futures was down 0.14% at 94.19.