Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Food, Beverages & Tobacco, Banking and Oil & Gas sectors led shares lower.
At the close in Lagos, the NSE 30 lost 2.48% to hit a new 6-months low.
The best performers of the session on the NSE 30 were Dangsugar (LAGOS:DANGSUG), which rose 4.97% or 0.30 points to trade at 6.34 at the close. Meanwhile, Wemabank (LAGOS:WEMABAN) added 3.45% or 0.030 points to end at 0.900 and Firstcity Bnk (LAGOS:FCMB) was up 1.92% or 0.04 points to 2.12 in late trade.
The worst performers of the session were Pz Cussons LG (LAGOS:PZ), which fell 9.69% or 2.48 points to trade at 23.11 at the close. Fbn Holdings (LAGOS:FBNH) declined 7.73% or 0.44 points to end at 5.23 and Nestle Nig (LAGOS:NESTLE) was down 5.00% or 48.29 points to 917.69.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 49 to 6 and 48 ended unchanged.
Shares in Fbn Holdings (LAGOS:FBNH) fell to all time lows; down 7.73% or 0.44 to 5.23.
Crude oil for October delivery was down 0.66% or 0.26 to $39.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.13% or 0.06 to hit $43.27 a barrel, while the December Gold contract fell 1.32% or 15.00 to trade at $1123.30 a troy ounce.
EUR/NGN was down 0.76% to 227.330, while USD/NGN fell 0.02% to 199.020.
The US Dollar Index was up 1.00% at 94.86.