Investing.com – Nigeria stocks were lower after the close on Tuesday, as losses in the Food, Beverages & Tobacco, Banking and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 lost 1.17%.
The best performers of the session on the NSE 30 were Pz Cussons LG (LAGOS:PZ), which rose 1.55% or 0.35 points to trade at 22.70 at the close. Meanwhile, Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) added 0.63% or 0.03 points to end at 4.78 and Stanbicibtc Hl (LAGOS:IBTC) was up 0.31% or 0.05 points to 15.36 in late trade.
The worst performers of the session were Fbn Holdings (LAGOS:FBNH), which fell 5.93% or 0.240 points to trade at 3.810 at the close. Union Bank LG (LAGOS:UBN) declined 4.03% or 0.21 points to end at 5.10 and Wemabank (LAGOS:WEMABAN) was down 3.85% or 0.030 points to 0.800.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 34 to 13 and 47 ended unchanged.
Crude oil for August delivery was up 2.37% or 1.10 to $47.43 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 2.32% or 1.11 to hit $48.88 a barrel, while the August Gold contract fell 0.55% or 7.35 to trade at $1317.35 a troy ounce.
EUR/NGN was up 0.60% to 313.260, while USD/NGN rose 908.93% to 282.500.
The US Dollar Index was down 0.22% at 96.34.