Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors led shares lower.
At the close in Lagos, the NSE 30 declined 1.28%.
The best performers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 3.16% or 0.030 points to trade at 0.990 at the close. Meanwhile, Dangsugar (LAGOS:DANGSUG) added 1.56% or 0.35 points to end at 22.85 and Pz Cussons LG (LAGOS:PZ) was up 1.52% or 0.35 points to 23.35 in late trade.
The worst performers of the session were Total Nig (LAGOS:TOTAL), which fell 3.92% or 9.80 points to trade at 240.50 at the close. Union Bank LG (LAGOS:UBN) declined 3.40% or 0.25 points to end at 7.10 and Access Bank (LAGOS:ACCESS) was down 2.28% or 0.30 points to 12.85.
Falling stocks outnumbered advancing ones on the Lagos by 51 to 47 and 12 ended unchanged.
Shares in Dangsugar (LAGOS:DANGSUG) rose to all time highs; rising 1.56% or 0.35 to 22.85.
Crude oil for April delivery was down 2.75% or 1.72 to $60.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 2.37% or 1.56 to hit $64.23 a barrel, while the April Gold Futures contract fell 0.62% or 8.30 to trade at $1326.90 a troy ounce.
EUR/NGN was up 0.09% to 447.300, while USD/NGN fell 0.28% to 360.000.
The US Dollar Index Futures was up 0.15% at 89.69.