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 1.38% to hit a new 3-years low.
The best performers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 7.89% or 0.09 points to trade at 1.23 at the close. Meanwhile, Firstcity Bnk (LAGOS:FCMB) added 4.60% or 0.08 points to end at 1.82 and Fidelitybk (LAGOS:FIDELIT) was up 4.41% or 0.06 points to 1.42 in late trade.
The worst performers of the session were Stanbicibtc Hl (LAGOS:IBTC), which fell 3.23% or 0.50 points to trade at 14.73 at the close. Dangsugar (LAGOS:DANGSUG) declined 2.91% or 0.18 points to end at 6.00 and Guaranty Bnk (LAGOS:GUARANT) was down 2.63% or 0.52 points to 19.24.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 27 to 22 and 39 ended unchanged.
Shares in Stanbicibtc Hl (LAGOS:IBTC) fell to 52-week lows; losing 3.23% or 0.50 to 14.73.
Crude oil for January delivery was up 0.89% or 0.31 to $35.26 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.69% or 0.26 to hit $37.31 a barrel, while the February Gold contract rose 1.57% or 16.50 to trade at $1066.10 a troy ounce.
EUR/NGN was down 0.01% to 215.790, while USD/NGN rose 0.10% to 199.200.
The US Dollar Index was down 0.34% at 98.87.