Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Insurance, Food, Beverages & Tobacco and Oil & Gas sectors led shares lower.
At the close in Lagos, the NSE 30 declined 0.50% to hit a new 1-month low.
The best performers of the session on the NSE 30 were Fidelitybk (LAGOS:FIDELIT), which rose 7.76% or 0.180 points to trade at 2.500 at the close. Meanwhile, Dangote Flour Mills PLC (LAGOS:DANGFLOUR) added 5.00% or 0.75 points to end at 15.45 and Guiness Nig (LAGOS:GUINNES) was up 4.79% or 4.80 points to 102.00 in late trade.
The worst performers of the session were Wapco (LAGOS:WAPCO), which fell 6.55% or 3.30 points to trade at 47.05 at the close. Skye Bank (LAGOS:SKYEBAN) declined 5.00% or 0.040 points to end at 0.760 and Pz Cussons LG (LAGOS:PZ) was down 4.88% or 1.15 points to 22.40.
Falling stocks outnumbered advancing ones on the Lagos by 60 to 32 and 11 ended unchanged.
Crude oil for May delivery was up 2.34% or 1.49 to $65.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 2.55% or 1.72 to hit $69.14 a barrel, while the April Gold Futures contract rose 0.72% or 9.40 to trade at $1321.30 a troy ounce.
EUR/NGN was down 0.32% to 441.880, while USD/NGN unchanged 0.00% to 360.500.
The US Dollar Index Futures was down 0.23% at 89.80.