Investing.com – Nigeria stocks were lower after the close on Friday, as losses in the Food, Beverages & Tobacco, Banking and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 lost 1.83%.
The best performers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 4.24% or 0.25 points to trade at 5.95 at the close. Meanwhile, Stanbicibtc Hl (LAGOS:IBTC) added 2.25% or 0.50 points to end at 22.39 and Fbn Holdings (LAGOS:FBNH) was up 0.65% or 0.04 points to 6.20 in late trade.
The worst performers of the session were Nig Brew (LAGOS:NB), which fell 4.76% or 7.00 points to trade at 140.01 at the close. Nestle Nig (LAGOS:NESTLE) declined 4.60% or 39.99 points to end at 830.00 and Fidelitybk (LAGOS:FIDELIT) was down 4.40% or 0.07 points to 1.52.
Rising stocks outnumbered declining ones on the Lagos Stock Exchange by 25 to 19 and 56 ended unchanged.
Crude oil for November delivery was down 1.07% or 0.48 to $44.26 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 1.18% or 0.56 to hit $47.12 a barrel, while the December Gold contract rose 2.08% or 23.20 to trade at $1136.90 a troy ounce.
EUR/NGN was up 0.13% to 222.180, while USD/NGN fell 0.04% to 198.975.
The US Dollar Index was down 0.63% at 95.74.