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 lost 0.22%.
The best performers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 9.70% or 0.13 points to trade at 1.46 at the close. Meanwhile, Diamond Bank (LAGOS:DIAMONB) added 4.72% or 0.11 points to end at 2.44 and Wapco (LAGOS:WAPCO) was up 2.98% or 2.80 points to 95.00 in late trade.
The worst performers of the session were Nig Brew (LAGOS:NB), which fell 4.95% or 6.03 points to trade at 115.72 at the close. Pz Cussons LG (LAGOS:PZ) unchanged 0.00% or 0.00 points to end at 26.90 and Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) was down 4.84% or 0.06 points to 1.18.
Rising stocks outnumbered declining ones on the Lagos Stock Exchange by 23 to 17 and 41 ended unchanged.
Crude oil for February delivery was up 4.21% or 1.52 to $37.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 3.34% or 1.21 to hit $37.31 a barrel, while the February Gold contract fell 0.46% or 4.90 to trade at $1069.20 a troy ounce.
EUR/NGN was down 0.50% to 216.970, while USD/NGN fell 0.18% to 198.650.
The US Dollar Index was up 0.39% at 98.60.