Investing.com – Nigeria stocks were higher after the close on Wednesday, as gains in the Banking, Oil & Gas and Insurance sectors led shares higher.
At the close in Lagos, the NSE 30 rose 0.15% to hit a new 1-month high.
The best performers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 4.21% or 0.040 points to trade at 0.990 at the close. Meanwhile, Union Bank LG (LAGOS:UBN) added 3.72% or 0.22 points to end at 5.99 and Zenithbank (LAGOS:ZENITHB) was up 2.78% or 0.48 points to 17.70 in late trade.
The worst performers of the session were Firstcity Bnk (LAGOS:FCMB), which fell 4.45% or 0.11 points to trade at 2.35 at the close. Guiness Nig (LAGOS:GUINNES) declined 4.44% or 7.22 points to end at 155.24 and Fbn Holdings (LAGOS:FBNH) was down 2.16% or 0.14 points to 6.34.
Rising stocks outnumbered declining ones on the Lagos Stock Exchange by 26 to 21 and 62 ended unchanged.
Crude oil for October delivery was up 5.25% or 2.34 to $46.93 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 4.12% or 1.97 to hit $49.72 a barrel, while the December Gold contract rose 1.74% or 19.20 to trade at $1121.80 a troy ounce.
EUR/NGN was down 0.71% to 223.620, while USD/NGN fell 0.10% to 199.050.
The US Dollar Index was down 0.40% at 95.38.