Investing.com – Nigeria stocks were lower after the close on Friday, as losses in the Oil & Gas, Food, Beverages & Tobacco and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 fell 0.40%.
The best performers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 3.83% or 0.18 points to trade at 4.88 at the close. Meanwhile, Dangsugar (LAGOS:DANGSUG) added 2.53% or 0.16 points to end at 6.50 and Firstcity Bnk (LAGOS:FCMB) was up 1.91% or 0.03 points to 1.60 in late trade.
The worst performers of the session were Nestle Nig (LAGOS:NESTLE), which fell 5.46% or 45.02 points to trade at 757.00 at the close. Pz Cussons LG (LAGOS:PZ) declined 4.97% or 1.13 points to end at 21.61 and Guiness Nig (LAGOS:GUINNES) was down 1.86% or 1.85 points to 97.65.
Rising stocks outnumbered declining ones on the Lagos Stock Exchange by 21 to 20 and 61 ended unchanged.
Crude oil for July delivery was down 2.43% or 1.23 to $49.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 2.25% or 1.17 to hit $50.78 a barrel, while the August Gold contract rose 0.11% or 1.45 to trade at $1274.15 a troy ounce.
EUR/NGN was down 0.89% to 223.750, while USD/NGN fell 0.03% to 198.975.
The US Dollar Index was up 0.40% at 94.48.