Investing.com – Nigeria stocks were lower after the close on Monday, as losses in the Food, Beverages & Tobacco, Banking and Oil & Gas sectors led shares lower.
At the close in Lagos, the NSE 30 fell 0.50% to hit a new 3-months low.
The best performers of the session on the NSE 30 were Guiness Nig (LAGOS:GUINNES), which unchanged 0.00% or 0.00 points to trade at 138.63 at the close. Meanwhile, Dangflour (LAGOS:DANGFLO) unchanged 0.00% or 0.00 points to end at 3.30 and Unilever Nig (LAGOS:UNILEVE) was unchanged 0.00% or 0.00 points to 37.91 in late trade.
The worst performers of the session were Union Bank LG (LAGOS:UBN), which fell 4.94% or 0.44 points to trade at 8.47 at the close. Wemabank (LAGOS:WEMABAN) declined 2.00% or 0.020 points to end at 0.980 and Access Bank (LAGOS:ACCESS) was down 1.77% or 0.09 points to 5.00.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 32 to 14 and 51 ended unchanged.
Crude oil for August delivery was up 0.66% or 0.35 to $53.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.18% or 0.10 to hit $59.10 a barrel, while the August Gold contract fell 0.16% or 1.80 to trade at $1156.10 a troy ounce.
EUR/NGN was down 1.15% to 220.390, while USD/NGN fell 0.01% to 198.975.
The US Dollar Index was up 0.87% at 96.79.