Investing.com – Nigeria stocks were lower after the close on Friday, as losses in the Banking, Food, Beverages & Tobacco and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 declined 0.05%.
The best performers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 3.09% or 0.030 points to trade at 1.000 at the close. Meanwhile, Wapco (LAGOS:WAPCO) added 2.56% or 2.00 points to end at 80.00 and Guiness Nig (LAGOS:GUINNES) was up 0.08% or 0.10 points to 117.02 in late trade.
The worst performers of the session were Unilever Nig (LAGOS:UNILEVE), which fell 7.02% or 2.23 points to trade at 30.00 at the close. Access Bank (LAGOS:ACCESS) declined 4.43% or 0.19 points to end at 4.10 and Zenithbank (LAGOS:ZENITHB) was down 3.17% or 0.40 points to 12.20.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 27 to 11 and 49 ended unchanged.
Shares in Unilever Nig (LAGOS:UNILEVE) fell to 52-week lows; falling 7.02% or 2.23 to 30.00.
Crude oil for March delivery was up 10.42% or 2.73 to $28.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 8.62% or 2.59 to hit $32.65 a barrel, while the April Gold contract fell 0.89% or 11.10 to trade at $1236.70 a troy ounce.
EUR/NGN was down 0.54% to 224.690, while USD/NGN rose 0.03% to 199.100.
The US Dollar Index was up 0.48% at 96.10.