Investing.com – Nigeria stocks were lower after the close on Monday, as losses in the Banking, Insurance and Food, Beverages & Tobacco sectors led shares lower.
At the close in Lagos, the NSE 30 fell 2.09% to hit a new 6-months low.
The best performers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 8.75% or 0.070 points to trade at 0.880 at the close. Meanwhile, Dangflour (LAGOS:DANGFLO) added 1.05% or 0.03 points to end at 2.90 and Dangsugar (LAGOS:DANGSUG) was up 0.67% or 0.04 points to 6.05 in late trade.
The worst performers of the session were Pz Cussons LG (LAGOS:PZ), which fell 9.72% or 2.90 points to trade at 26.93 at the close. Union Bank LG (LAGOS:UBN) declined 4.82% or 0.32 points to end at 6.31 and Zenithbank (LAGOS:ZENITHB) was down 4.95% or 0.75 points to 14.40.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 45 to 10 and 36 ended unchanged.
Shares in Union Bank LG (LAGOS:UBN) fell to 52-week lows; falling 4.82% or 0.32 to 6.31. Shares in Zenithbank (LAGOS:ZENITHB) fell to 3-years lows; falling 4.95% or 0.75 to 14.40.
Crude oil for October delivery was down 3.93% or 1.59 to $38.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 4.37% or 1.99 to hit $43.48 a barrel, while the December Gold contract unchanged 0.00% or 0.00 to trade at $1159.60 a troy ounce.
EUR/NGN was up 1.50% to 228.100, while USD/NGN fell 0.34% to 198.410.
The US Dollar Index was down 1.47% at 93.45.