Investing.com – Nigeria stocks were higher after the close on Wednesday, as gains in the Banking, Food, Beverages & Tobacco and Insurance sectors led shares higher.
At the close in Lagos, the NSE 30 rose 4.35%.
The best performers of the session on the NSE 30 were Fbn Holdings (LAGOS:FBNH), which rose 10.19% or 0.37 points to trade at 4.00 at the close. Meanwhile, Guaranty Bnk (LAGOS:GUARANT) added 10.18% or 1.40 points to end at 15.15 and Zenithbank (LAGOS:ZENITHB) was up 10.16% or 0.97 points to 10.52 in late trade.
The worst performers of the session were Firstcity Bnk (LAGOS:FCMB), which fell 0.97% or 0.01 points to trade at 1.02 at the close. Unilever Nig (LAGOS:UNILEVE) unchanged 0.00% or 0.00 points to end at 39.04 and Wemabank (LAGOS:WEMABAN) was up 1.00% or 0.010 points to 1.000.
Rising stocks outnumbered declining ones on the Lagos Stock Exchange by 39 to 8 and 43 ended unchanged.
Shares in Firstcity Bnk (LAGOS:FCMB) fell to all time lows; falling 0.97% or 0.01 to 1.02.
Crude oil for March delivery was down 5.68% or 1.68 to $27.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 4.61% or 1.32 to hit $27.43 a barrel, while the February Gold contract rose 1.41% or 15.40 to trade at $1104.50 a troy ounce.
EUR/NGN was up 0.77% to 217.290, while USD/NGN fell 0.03% to 199.150.
The US Dollar Index was down 0.13% at 99.04.