Investing.com – Nigeria stocks were lower after the close on Monday, as losses in the Banking, Oil & Gas and Food, Beverages & Tobacco sectors led shares lower.
At the close in Lagos, the NSE 30 lost 2.43%.
The best performers of the session on the NSE 30 were Pz Cussons LG (LAGOS:PZ), which unchanged 0.00% or 0.00 points to trade at 22.65 at the close. Meanwhile, Union Bank LG (LAGOS:UBN) added 0.39% or 0.02 points to end at 5.11 and Wapco (LAGOS:WAPCO) was unchanged 0.00% or 0.00 points to 72.10 in late trade.
The worst performers of the session were Zenithbank (LAGOS:ZENITHB), which fell 6.12% or 1.04 points to trade at 15.96 at the close. Stanbicibtc Hl (LAGOS:IBTC) declined 5.00% or 0.85 points to end at 16.15 and Dangsugar (LAGOS:DANGSUG) was down 4.93% or 0.34 points to 6.63.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 40 to 14 and 36 ended unchanged.
Crude oil for August delivery was down 3.23% or 1.54 to $46.10 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 3.10% or 1.52 to hit $47.52 a barrel, while the August Gold contract rose 0.17% or 2.25 to trade at $1324.65 a troy ounce.
EUR/NGN was down 0.76% to 311.400, while USD/NGN rose 0.31% to 282.500.
The US Dollar Index was up 0.88% at 96.47.