Investing.com – Nigeria stocks were lower after the close on Friday, as losses in the Banking, Food, Beverages & Tobacco and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 fell 1.20%.
The best performers of the session on the NSE 30 were Diamond Bank (LAGOS:DIAMONB), which rose 3.49% or 0.080 points to trade at 2.350 at the close. Meanwhile, Pz Cussons LG (LAGOS:PZ) added 2.23% or 0.47 points to end at 22.16 and Guiness Nig (LAGOS:GUINNES) was up 0.04% or 0.04 points to 111.15 in late trade.
The worst performers of the session were Firstcity Bnk (LAGOS:FCMB), which fell 5.08% or 0.09 points to trade at 1.68 at the close. Fbn Holdings (LAGOS:FBNH) declined 4.83% or 0.210 points to end at 4.140 and Fidelitybk (LAGOS:FIDELIT) was down 3.60% or 0.050 points to 1.330.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 30 to 22 and 46 ended unchanged.
Crude oil for August delivery was down 4.45% or 2.23 to $47.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 4.42% or 2.25 to hit $48.66 a barrel, while the August Gold contract rose 4.43% or 55.95 to trade at $1319.05 a troy ounce.
EUR/NGN was down 3.81% to 310.830, while USD/NGN fell 0.53% to 282.000.
The US Dollar Index was up 2.14% at 95.33.