Investing.com – Nigeria stocks were lower after the close on Monday, as losses in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors led shares lower.
At the close in Lagos, the NSE 30 lost 0.39%.
The best performers of the session on the NSE 30 were Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which rose 8.83% or 0.31 points to trade at 3.82 at the close. Meanwhile, Pz Cussons LG (LAGOS:PZ) added 6.06% or 1.00 points to end at 17.00 and Uacn Prop (LAGOS:UACN) was up 4.66% or 0.87 points to 19.42 in late trade.
The worst performers of the session were Wapco (LAGOS:WAPCO), which fell 5.00% or 2.50 points to trade at 47.52 at the close. Wemabank (LAGOS:WEMABAN) declined 4.92% or 0.030 points to end at 0.590 and Diamond Bank (LAGOS:DIAMONB) was down 4.59% or 0.050 points to 1.090.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 28 to 16 and 46 ended unchanged.
Shares in Wemabank (LAGOS:WEMABAN) fell to 3-years lows; falling 4.92% or 0.030 to 0.590. Shares in Diamond Bank (LAGOS:DIAMONB) fell to all time lows; losing 4.59% or 0.050 to 1.090.
Crude oil for December delivery was down 3.12% or 1.52 to $47.18 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 3.37% or 1.71 to hit $48.97 a barrel, while the December Gold contract fell 0.07% or 0.85 to trade at $1275.95 a troy ounce.
EUR/NGN was down 0.38% to 345.210, while USD/NGN fell 0.16% to 316.000.
The US Dollar Index was up 0.05% at 98.36.