Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Banking, Oil & Gas and Food, Beverages & Tobacco sectors led shares lower.
At the close in Lagos, the NSE 30 fell 0.82% to hit a new 1-month low.
The best performers of the session on the NSE 30 were Guaranty Bnk (LAGOS:GUARANT), which rose 0.21% or 0.05 points to trade at 23.55 at the close. Meanwhile, Nestle Nig (LAGOS:NESTLE) added 0.01% or 0.06 points to end at 830.13 and Dangflour (LAGOS:DANGFLO) was unchanged 0.00% or 0.00 points to 2.43 in late trade.
The worst performers of the session were Stanbicibtc Hl (LAGOS:IBTC), which fell 7.51% or 1.56 points to trade at 19.13 at the close. Wemabank (LAGOS:WEMABAN) declined 5.77% or 0.060 points to end at 0.980 and Guiness Nig (LAGOS:GUINNES) was down 5.00% or 6.75 points to 128.34.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 33 to 13 and 47 ended unchanged.
Shares in Dangflour (LAGOS:DANGFLO) unchanged to all time lows; unchanged 0.00% or 0.00 to 2.43.
Crude oil for December delivery was up 6.09% or 2.63 to $45.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 4.80% or 2.25 to hit $49.05 a barrel, while the December Gold contract rose 1.06% or 12.40 to trade at $1178.20 a troy ounce.
EUR/NGN was up 0.12% to 220.510, while USD/NGN fell 0.10% to 198.950.
The US Dollar Index was down 0.37% at 96.66.