Investing.com – Nigeria stocks were lower after the close on Thursday, as losses in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors led shares lower.
At the close in Lagos, the NSE 30 fell 0.72% to hit a new 1-month low.
The best performers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 4.29% or 0.030 points to trade at 0.730 at the close. Meanwhile, Dangote Flour Mills PLC (LAGOS:DANGFLOUR) added 4.08% or 0.17 points to end at 4.34 and Stanbicibtc Hl (LAGOS:IBTC) was up 2.96% or 0.40 points to 13.57 in late trade.
The worst performers of the session were Diamond Bank (LAGOS:DIAMONB), which fell 9.09% or 0.120 points to trade at 1.200 at the close. Pz Cussons LG (LAGOS:PZ) declined 5.00% or 0.95 points to end at 18.20 and Fidelitybk (LAGOS:FIDELIT) was down 3.88% or 0.040 points to 0.990.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 24 to 14 and 51 ended unchanged.
Shares in Fidelitybk (LAGOS:FIDELIT) fell to all time lows; falling 3.88% or 0.040 to 0.990.
Crude oil for September delivery was up 4.34% or 1.81 to $43.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 4.45% or 1.96 to hit $46.01 a barrel, while the December Gold contract fell 0.17% or 2.25 to trade at $1349.65 a troy ounce.
EUR/NGN was down 0.84% to 357.000, while USD/NGN unchanged 0.00% to 322.000.
The US Dollar Index was up 0.22% at 95.80.