Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Banking and Food, Beverages & Tobacco sectors led shares lower.
At the close in Lagos, the NSE 30 declined 1.01% to hit a new 3-months low.
The best performers of the session on the NSE 30 were Firstcity Bnk (LAGOS:FCMB), which rose 1.69% or 0.05 points to trade at 3.00 at the close. Meanwhile, Access Bank (LAGOS:ACCESS) added 0.93% or 0.05 points to end at 5.45 and Fbn Holdings (LAGOS:FBNH) was up 0.25% or 0.02 points to 7.98 in late trade.
The worst performers of the session were Stanbicibtc Hl (LAGOS:IBTC), which fell 3.88% or 1.00 points to trade at 24.75 at the close. Skye Bank (LAGOS:SKYEBAN) declined 2.99% or 0.07 points to end at 2.30 and Fidelitybk (LAGOS:FIDELIT) was down 1.79% or 0.03 points to 1.65.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 34 to 12 and 49 ended unchanged.
Crude oil for August delivery was down 2.20% or 1.15 to $51.18 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.77% or 0.43 to hit $56.41 a barrel, while the August Gold contract rose 0.80% or 9.20 to trade at $1161.80 a troy ounce.
EUR/NGN was up 0.23% to 219.010, while USD/NGN fell 0.07% to 198.815.
The US Dollar Index was down 0.47% at 96.42.