Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Banking, Food, Beverages & Tobacco and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 declined 1.18%.
The best performers of the session on the NSE 30 were Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which rose 4.92% or 0.59 points to trade at 12.47 at the close. Meanwhile, Fidelitybk (LAGOS:FIDELIT) added 4.42% or 0.100 points to end at 2.360 and Dangsugar (LAGOS:DANGSUG) was up 2.09% or 0.45 points to 21.95 in late trade.
The worst performers of the session were Guaranty Bnk (LAGOS:GUARANT), which fell 4.77% or 2.00 points to trade at 39.90 at the close. Wapco (LAGOS:WAPCO) declined 4.26% or 2.00 points to end at 44.66 and Zenithbank (LAGOS:ZENITHB) was down 3.85% or 1.00 points to 25.00.
Falling stocks outnumbered advancing ones on the Lagos by 36 to 30 and 19 ended unchanged.
Shares in Dangote Flour Mills PLC (LAGOS:DANGFLOUR) rose to 5-year highs; rising 4.92% or 0.59 to 12.47. Shares in Dangsugar (LAGOS:DANGSUG) rose to all time highs; gaining 2.09% or 0.45 to 21.95.
Crude oil for January delivery was down 0.84% or 0.48 to $56.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.42% or 0.90 to hit $62.44 a barrel, while the February Gold Futures contract rose 0.55% or 6.80 to trade at $1248.50 a troy ounce.
EUR/NGN was down 0.30% to 422.030, while USD/NGN unchanged 0.00% to 360.000.
The US Dollar Index Futures was down 0.18% at 93.89.