Investing.com – Nigeria stocks were lower after the close on Monday, as losses in the Banking, Insurance and Food, Beverages & Tobacco sectors led shares lower.
At the close in Lagos, the NSE 30 fell 1.09% to hit a new 3-months low.
The best performers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 1.11% or 0.010 points to trade at 0.900 at the close. Meanwhile, Fidelitybk (LAGOS:FIDELIT) added 0.65% or 0.01 points to end at 1.54 and Unilever Nig (LAGOS:UNILEVE) was up 0.53% or 0.20 points to 37.60 in late trade.
The worst performers of the session were Union Bank LG (LAGOS:UBN), which fell 4.94% or 0.42 points to trade at 8.08 at the close. Nig Brew (LAGOS:NB) declined 3.30% or 4.19 points to end at 122.78 and Diamond Bank (LAGOS:DIAMONB) was down 3.26% or 0.13 points to 4.00.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 33 to 17 and 53 ended unchanged.
Shares in Nig Brew (LAGOS:NB) fell to 52-week lows; losing 3.30% or 4.19 to 122.78.
Crude oil for September delivery was down 1.20% or 0.58 to $47.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.60% or 0.88 to hit $53.74 a barrel, while the December Gold contract rose 0.93% or 10.10 to trade at $1096.10 a troy ounce.
EUR/NGN was up 0.93% to 220.240, while USD/NGN fell 0.12% to 198.820.
The US Dollar Index was down 0.86% at 96.50.