Investing.com – Nigeria stocks were lower after the close on Tuesday, as losses in the Food, Beverages & Tobacco, Banking and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 fell 0.73%.
The best performers of the session on the NSE 30 were Pz Cussons LG (LAGOS:PZ), which rose 3.70% or 0.75 points to trade at 20.08 at the close. Meanwhile, Wemabank (LAGOS:WEMABAN) added 3.00% or 0.030 points to end at 1.030 and Fidelitybk (LAGOS:FIDELIT) was up 2.36% or 0.03 points to 1.30 in late trade.
The worst performers of the session were Unilever Nig (LAGOS:UNILEVE), which fell 4.99% or 2.05 points to trade at 39.04 at the close. Fbn Holdings (LAGOS:FBNH) declined 3.51% or 0.15 points to end at 4.12 and Union Bank LG (LAGOS:UBN) was down 3.51% or 0.20 points to 5.70.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 31 to 16 and 34 ended unchanged.
Crude oil for March delivery was up 4.70% or 1.43 to $31.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 4.97% or 1.55 to hit $32.87 a barrel, while the February Gold contract rose 1.14% or 12.60 to trade at $1117.90 a troy ounce.
EUR/NGN was down 0.04% to 215.450, while USD/NGN fell 0.13% to 198.900.
The US Dollar Index was down 0.19% at 99.17.