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Nigeria stocks lower at close of trade; NSE 30 down 1.21%

Published 2015-11-23, 12:15 p/m
© Reuters.  Nigeria stocks lower at close of trade; NSE 30 down 1.21%

Investing.com – Nigeria stocks were lower after the close on Monday, as losses in the Banking, Food, Beverages & Tobacco and Insurance sectors led shares lower.

At the close in Lagos, the NSE 30 declined 1.21% to hit a new 6-months low.

The best performers of the session on the NSE 30 were Firstcity Bnk (LAGOS:FCMB), which rose 4.28% or 0.08 points to trade at 1.95 at the close. Meanwhile, Pz Cussons LG (LAGOS:PZ) added 3.35% or 0.88 points to end at 27.13 and Nestle Nig (LAGOS:NESTLE) was unchanged 0.00% or 0.00 points to 803.00 in late trade.

The worst performers of the session were Guiness Nig (LAGOS:GUINNES), which fell 4.99% or 6.40 points to trade at 121.83 at the close. Nig Brew (LAGOS:NB) declined 4.17% or 5.00 points to end at 115.00 and Wemabank (LAGOS:WEMABAN) was down 4.17% or 0.040 points to 0.920.

Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 30 to 8 and 38 ended unchanged.

Crude oil for January delivery was up 1.41% or 0.59 to $42.49 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 2.25% or 1.00 to hit $45.66 a barrel, while the December Gold contract fell 0.69% or 7.40 to trade at $1068.90 a troy ounce.

EUR/NGN was down 0.43% to 211.700, while USD/NGN rose 0.05% to 199.200.

The US Dollar Index was up 0.28% at 99.93.

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