Investing.com – Nigeria stocks were higher after the close on Tuesday, as gains in the Insurance, Oil & Gas and Food, Beverages & Tobacco sectors led shares higher.
At the close in Lagos, the NSE 30 added 0.49% to hit a new 1-month high.
The best performers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 4.63% or 0.10 points to trade at 2.26 at the close. Meanwhile, Union Bank LG (LAGOS:UBN) added 4.36% or 0.26 points to end at 6.20 and Nig Brew (LAGOS:NB) was up 2.64% or 3.60 points to 140.03 in late trade.
The worst performers of the session were Diamond Bank (LAGOS:DIAMONB), which fell 4.57% or 0.16 points to trade at 3.34 at the close. Wemabank (LAGOS:WEMABAN) unchanged 0.00% or 0.000 points to end at 0.960 and Stanbicibtc Hl (LAGOS:IBTC) was down 2.72% or 0.59 points to 21.07.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 22 to 22 and 49 ended unchanged.
Crude oil for November delivery was down 3.22% or 1.51 to $45.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 1.85% or 0.91 to hit $48.02 a barrel, while the December Gold contract fell 0.70% or 7.90 to trade at $1124.90 a troy ounce.
EUR/NGN was down 1.14% to 222.010, while USD/NGN rose 0.06% to 199.150.
The US Dollar Index was up 0.48% at 96.50.