Investing.com – Nigeria stocks were lower after the close on Tuesday, as losses in the Insurance, Banking and Food, Beverages & Tobacco sectors led shares lower.
At the close in Lagos, the NSE 30 lost 0.10%.
The best performers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 5.00% or 0.06 points to trade at 1.26 at the close. Meanwhile, Dangsugar (LAGOS:DANGSUG) added 2.98% or 0.18 points to end at 6.24 and Stanbicibtc Hl (LAGOS:IBTC) was up 2.94% or 0.40 points to 14.12 in late trade.
The worst performers of the session were Diamond Bank (LAGOS:DIAMONB), which fell 4.84% or 0.09 points to trade at 1.78 at the close. Firstcity Bnk (LAGOS:FCMB) declined 4.04% or 0.04 points to end at 0.95 and Wemabank (LAGOS:WEMABAN) was down 3.92% or 0.040 points to 0.980.
Rising stocks outnumbered declining ones on the Lagos Stock Exchange by 24 to 17 and 42 ended unchanged.
Shares in Firstcity Bnk (LAGOS:FCMB) fell to all time lows; down 4.04% or 0.04 to 0.95.
Crude oil for March delivery was down 4.54% or 1.44 to $30.18 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 3.74% or 1.28 to hit $32.96 a barrel, while the April Gold contract fell 0.30% or 3.40 to trade at $1124.60 a troy ounce.
EUR/NGN was down 0.11% to 216.300, while USD/NGN fell 0.10% to 199.000.
The US Dollar Index was down 0.10% at 98.95.