Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Food, Beverages & Tobacco, Banking and Oil & Gas sectors led shares lower.
At the close in Lagos, the NSE 30 declined 0.70% to hit a new 52-week low.
The best performers of the session on the NSE 30 were Fbn Holdings (LAGOS:FBNH), which rose 3.14% or 0.300 points to trade at 9.900 at the close. Meanwhile, Total Nig (LAGOS:TOTAL) added 2.70% or 5.00 points to end at 187.00 and Pz Cussons LG (LAGOS:PZ) was up 2.14% or 0.30 points to 14.35 in late trade.
The worst performers of the session were Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which fell 5.00% or 0.40 points to trade at 7.60 at the close. Diamond Bank (LAGOS:DIAMONB) declined 4.35% or 0.050 points to end at 1.100 and Nestle Nig (LAGOS:NESTLE) was down 3.85% or 60.00 points to 1500.00.
Falling stocks outnumbered advancing ones on the Lagos by 62 to 25 and 22 ended unchanged.
Crude oil for September delivery was down 2.95% or 1.98 to $65.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 2.10% or 1.52 to hit $70.94 a barrel, while the December Gold Futures contract fell 1.52% or 18.30 to trade at $1182.40 a troy ounce.
EUR/NGN was down 1.04% to 409.170, while USD/NGN fell 0.14% to 360.000.
The US Dollar Index Futures was up 0.06% at 96.61.