Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Food, Beverages & Tobacco, Insurance and Banking sectors led shares lower.
At the close in Lagos, the NSE 30 declined 0.06% to hit a new 1-month low.
The best performers of the session on the NSE 30 were Guiness Nig (LAGOS:GUINNES), which rose 4.99% or 6.49 points to trade at 136.42 at the close. Meanwhile, Stanbicibtc Hl (LAGOS:IBTC) added 4.97% or 0.94 points to end at 19.85 and Wemabank (LAGOS:WEMABAN) was up 4.26% or 0.040 points to 0.980 in late trade.
The worst performers of the session were Unilever Nig (LAGOS:UNILEVE), which unchanged 0.00% or 0.00 points to trade at 33.18 at the close. Diamond Bank (LAGOS:DIAMONB) declined 4.71% or 0.12 points to end at 2.50 and Dangsugar (LAGOS:DANGSUG) was down 2.74% or 0.18 points to 6.38.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 29 to 21 and 37 ended unchanged.
Shares in Diamond Bank (LAGOS:DIAMONB) fell to 3-years lows; down 4.71% or 0.12 to 2.50.
Crude oil for December delivery was down 2.86% or 1.37 to $46.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 3.24% or 1.64 to hit $48.91 a barrel, while the December Gold contract fell 0.13% or 1.50 to trade at $1112.60 a troy ounce.
EUR/NGN was down 0.39% to 217.740, while USD/NGN rose 0.03% to 199.200.
The US Dollar Index was up 0.77% at 98.00.