Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Food, Beverages & Tobacco, Banking and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 lost 2.50%.
The best performers of the session on the NSE 30 were Wapco (LAGOS:WAPCO), which rose 9.36% or 8.99 points to trade at 97.00 at the close. Meanwhile, Firstcity Bnk (LAGOS:FCMB) added 2.50% or 0.04 points to end at 1.59 and Diamond Bank (LAGOS:DIAMONB) was up 0.44% or 0.01 points to 2.27 in late trade.
The worst performers of the session were Skye Bank (LAGOS:SKYEBAN), which fell 9.33% or 0.14 points to trade at 1.36 at the close. Nig Brew (LAGOS:NB) declined 5.49% or 6.74 points to end at 116.00 and Union Bank LG (LAGOS:UBN) was down 4.93% or 0.34 points to 6.56.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 23 to 15 and 51 ended unchanged.
Shares in Firstcity Bnk (LAGOS:FCMB) rose to all time lows; gaining 2.50% or 0.04 to 1.59.
Crude oil for February delivery was down 4.53% or 1.63 to $34.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 4.96% or 1.80 to hit $34.62 a barrel, while the February Gold contract rose 1.05% or 11.30 to trade at $1089.70 a troy ounce.
EUR/NGN was up 0.01% to 213.970, while USD/NGN rose 0.01% to 199.050.
The US Dollar Index was up 0.03% at 99.49.