Source-Reuters
Investing.com – Nigeria stocks were lower after the close on Tuesday, as losses in the Oil & Gas, Insurance and Banking sectors led shares lower.
At the close in Lagos, the NSE 30 fell 0.23%.
The best performers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 3.60% or 0.08 points to trade at 2.30 at the close. Meanwhile, Wemabank (LAGOS:WEMABAN) added 2.00% or 0.020 points to end at 1.020 and Access Bank (LAGOS:ACCESS) was up 1.89% or 0.10 points to 5.42 in late trade.
The worst performers of the session were Union Bank LG (LAGOS:UBN), which fell 2.67% or 0.16 points to trade at 6.04 at the close. Firstcity Bnk (LAGOS:FCMB) declined 2.13% or 0.05 points to end at 2.30 and Zenithbank (LAGOS:ZENITHB) was down 1.50% or 0.25 points to 16.45.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 22 to 22 and 52 ended unchanged.
Crude oil for November delivery was up 4.35% or 2.01 to $48.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 4.94% or 2.44 to hit $51.69 a barrel, while the December Gold contract rose 0.90% or 10.20 to trade at $1147.80 a troy ounce.
EUR/NGN was down 0.16% to 223.470, while USD/NGN fell 0.01% to 199.000.
The US Dollar Index was down 0.65% at 95.60.