Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Banking, Oil & Gas and Food, Beverages & Tobacco sectors led shares lower.
At the close in Lagos, the NSE 30 declined 1.07%.
The best performers of the session on the NSE 30 were Firstcity Bnk (LAGOS:FCMB), which rose 6.31% or 0.07 points to trade at 1.18 at the close. Meanwhile, Diamond Bank (LAGOS:DIAMONB) added 5.00% or 0.060 points to end at 1.250 and Fidelitybk (LAGOS:FIDELIT) was up 4.55% or 0.040 points to 0.920 in late trade.
The worst performers of the session were Pz Cussons LG (LAGOS:PZ), which fell 9.71% or 2.01 points to trade at 18.69 at the close. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) declined 4.67% or 0.19 points to end at 3.88 and Wemabank (LAGOS:WEMABAN) was down 4.48% or 0.030 points to 0.650.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 22 to 19 and 42 ended unchanged.
Crude oil for November delivery was up 2.16% or 1.05 to $49.74 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.99% or 1.01 to hit $51.88 a barrel, while the December Gold contract fell 0.23% or 2.95 to trade at $1266.75 a troy ounce.
EUR/NGN was down 1.33% to 342.020, while USD/NGN rose 1.45% to 315.000.
The US Dollar Index was up 0.05% at 96.15.