Investing.com – Nigeria stocks were lower after the close on Tuesday, as losses in the Banking, Food, Beverages & Tobacco and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 declined 1.10% to hit a new 1-month low.
The best performers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 4.92% or 0.030 points to trade at 0.640 at the close. Meanwhile, Skye Bank (LAGOS:SKYEBAN) added 3.28% or 0.02 points to end at 0.63 and Wapco (LAGOS:WAPCO) was up 2.32% or 1.01 points to 44.51 in late trade.
The worst performers of the session were Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which fell 4.80% or 0.18 points to trade at 3.57 at the close. Fidelitybk (LAGOS:FIDELIT) declined 4.65% or 0.040 points to end at 0.820 and Diamond Bank (LAGOS:DIAMONB) was down 2.61% or 0.030 points to 1.100.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 27 to 11 and 56 ended unchanged.
Shares in Fidelitybk (LAGOS:FIDELIT) fell to all time lows; losing 4.65% or 0.040 to 0.820.
Crude oil for December delivery was down 1.17% or 0.59 to $49.93 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.20% or 0.62 to hit $50.84 a barrel, while the December Gold contract rose 0.76% or 9.65 to trade at $1273.35 a troy ounce.
EUR/NGN was down 1.67% to 348.140, while USD/NGN unchanged 0.00% to 316.500.
The US Dollar Index was up 0.08% at 98.72.