Investing.com – Nigeria stocks were lower after the close on Thursday, as losses in the Food, Beverages & Tobacco, Oil & Gas and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 lost 1.29%.
The best performers of the session on the NSE 30 were Stanbicibtc Hl (LAGOS:IBTC), which rose 5.45% or 1.20 points to trade at 23.34 at the close. Meanwhile, Dangflour (LAGOS:DANGFLO) added 4.91% or 0.14 points to end at 2.95 and Wemabank (LAGOS:WEMABAN) was up 4.44% or 0.040 points to 0.940 in late trade.
The worst performers of the session were Pz Cussons LG (LAGOS:PZ), which fell 5.00% or 1.33 points to trade at 25.29 at the close. Union Bank LG (LAGOS:UBN) declined 4.90% or 0.30 points to end at 5.82 and Skye Bank (LAGOS:SKYEBAN) was 0.00% or 0.00 points to 2.53.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 26 to 24 and 37 ended unchanged.
Shares in Union Bank LG (LAGOS:UBN) fell to 52-week lows; losing 4.90% or 0.30 to 5.82.
Crude oil for October delivery was up 2.27% or 1.05 to $47.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.46% or 0.73 to hit $51.23 a barrel, while the December Gold contract fell 0.93% or 10.50 to trade at $1123.10 a troy ounce.
EUR/NGN was down 0.29% to 223.630, while USD/NGN rose 0.10% to 199.345.
The US Dollar Index was up 0.65% at 96.50.