Investing.com – Nigeria stocks were lower after the close on Monday, as losses in the Food, Beverages & Tobacco, Banking and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 lost 2.38% to hit a new 3-months low.
The best performers of the session on the NSE 30 were Zenithbank (LAGOS:ZENITHB), which rose 2.30% or 0.37 points to trade at 16.53 at the close. Meanwhile, Dangsugar (LAGOS:DANGSUG) added 0.17% or 0.01 points to end at 6.02 and Guiness Nig (LAGOS:GUINNES) was up 0.17% or 0.20 points to 120.00 in late trade.
The worst performers of the session were Firstcity Bnk (LAGOS:FCMB), which fell 5.26% or 0.13 points to trade at 2.26 at the close. Access Bank (LAGOS:ACCESS) declined 5.75% or 0.25 points to end at 4.10 and Stanbicibtc Hl (LAGOS:IBTC) was down 4.98% or 0.99 points to 18.88.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 42 to 9 and 41 ended unchanged.
Shares in Access Bank (LAGOS:ACCESS) fell to 3-years lows; falling 5.75% or 0.25 to 4.10. Shares in Stanbicibtc Hl (LAGOS:IBTC) fell to 52-week lows; down 4.98% or 0.99 to 18.88.
Crude oil for October delivery was down 0.32% or 0.14 to $42.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.09% or 0.04 to hit $49.15 a barrel, while the December Gold contract rose 0.49% or 5.40 to trade at $1118.10 a troy ounce.
EUR/NGN was down 1.07% to 220.070, while USD/NGN fell 0.19% to 198.565.
The US Dollar Index was up 0.25% at 96.85.