Investing.com – Nigeria stocks were lower after the close on Tuesday, as losses in the Insurance, Food, Beverages & Tobacco and Oil & Gas sectors led shares lower.
At the close in Lagos, the NSE 30 declined 0.82%.
The best performers of the session on the NSE 30 were Fbn Holdings (LAGOS:FBNH), which rose 3.71% or 0.14 points to trade at 3.90 at the close. Meanwhile, Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) added 1.75% or 0.02 points to end at 1.16 and Guiness Nig (LAGOS:GUINNES) was up 1.75% or 2.08 points to 117.00 in late trade.
The worst performers of the session were Skye Bank (LAGOS:SKYEBAN), which fell 1.75% or 0.02 points to trade at 1.12 at the close. Nig Brew (LAGOS:NB) declined 1.20% or 1.17 points to end at 97.00 and Union Bank LG (LAGOS:UBN) was down 0.94% or 0.05 points to 5.49.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 19 to 17 and 50 ended unchanged.
Crude oil for March delivery was down 1.15% or 0.34 to $29.10 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 2.74% or 0.92 to hit $32.48 a barrel, while the April Gold contract fell 2.30% or 28.50 to trade at $1210.90 a troy ounce.
EUR/NGN was down 0.31% to 220.960, while USD/NGN rose 0.51% to 199.000.
The US Dollar Index was up 0.12% at 96.86.