Investing.com – Nigeria stocks were higher after the close on Wednesday, as gains in the Food, Beverages & Tobacco, Banking and Insurance sectors led shares higher.
At the close in Lagos, the NSE 30 rose 0.21%.
The best performers of the session on the NSE 30 were Pz Cussons LG (LAGOS:PZ), which rose 10.20% or 2.71 points to trade at 29.29 at the close. Meanwhile, Union Bank LG (LAGOS:UBN) added 4.88% or 0.27 points to end at 5.80 and Nig Brew (LAGOS:NB) was up 3.35% or 3.92 points to 120.13 in late trade.
The worst performers of the session were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which fell 9.52% or 0.12 points to trade at 1.14 at the close. Wemabank (LAGOS:WEMABAN) declined 4.44% or 0.040 points to end at 0.900 and Firstcity Bnk (LAGOS:FCMB) was down 4.42% or 0.08 points to 1.73.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 26 to 18 and 39 ended unchanged.
Shares in Firstcity Bnk (LAGOS:FCMB) fell to all time lows; falling 4.42% or 0.08 to 1.73.
Crude oil for January delivery was down 3.99% or 1.49 to $35.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.75% or 1.06 to hit $37.66 a barrel, while the February Gold contract rose 1.26% or 13.40 to trade at $1075.00 a troy ounce.
EUR/NGN was down 0.58% to 217.700, while USD/NGN fell 0.04% to 198.875.
The US Dollar Index was up 0.08% at 98.29.