Investing.com – Nigeria stocks were higher after the close on Wednesday, as gains in the Oil & Gas, Insurance and Food, Beverages & Tobacco sectors led shares higher.
At the close in Lagos, the NSE 30 rose 0.34% to hit a new 1-month high.
The best performers of the session on the NSE 30 were Stanbicibtc Hl (LAGOS:IBTC), which rose 4.89% or 1.03 points to trade at 22.12 at the close. Meanwhile, Wemabank (LAGOS:WEMABAN) added 4.17% or 0.040 points to end at 1.000 and Skye Bank (LAGOS:SKYEBAN) was up 3.54% or 0.08 points to 2.34 in late trade.
The worst performers of the session were Union Bank LG (LAGOS:UBN), which fell 3.06% or 0.19 points to trade at 6.01 at the close. Diamond Bank (LAGOS:DIAMONB) declined 2.10% or 0.07 points to end at 3.27 and Firstcity Bnk (LAGOS:FCMB) was down 1.70% or 0.04 points to 2.31.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 29 to 19 and 56 ended unchanged.
Crude oil for November delivery was down 2.42% or 1.12 to $45.24 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 1.25% or 0.61 to hit $48.47 a barrel, while the December Gold contract rose 0.52% or 5.80 to trade at $1130.60 a troy ounce.
EUR/NGN was up 0.02% to 222.060, while USD/NGN fell 0.05% to 199.050.
The US Dollar Index was down 0.05% at 96.45.