Investing.com – Nigeria stocks were lower after the close on Tuesday, as losses in the Food, Beverages & Tobacco, Banking and Oil & Gas sectors led shares lower.
At the close in Lagos, the NSE 30 declined 0.35% to hit a new 3-months low.
The best performers of the session on the NSE 30 were Stanbicibtc Hl (LAGOS:IBTC), which rose 4.89% or 1.20 points to trade at 25.75 at the close. Meanwhile, Wemabank (LAGOS:WEMABAN) added 4.12% or 0.040 points to end at 1.010 and Access Bank (LAGOS:ACCESS) was up 1.31% or 0.07 points to 5.40 in late trade.
The worst performers of the session were Union Bank LG (LAGOS:UBN), which fell 4.71% or 0.44 points to trade at 8.91 at the close. Dangsugar (LAGOS:DANGSUG) declined 4.66% or 0.31 points to end at 6.34 and Dangflour (LAGOS:DANGFLO) was down 4.36% or 0.15 points to 3.31.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 27 to 17 and 58 ended unchanged.
Crude oil for August delivery was down 1.81% or 0.96 to $52.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.08% or 0.61 to hit $56.55 a barrel, while the August Gold contract fell 0.89% or 10.40 to trade at $1156.20 a troy ounce.
EUR/NGN was down 0.47% to 218.500, while USD/NGN fell 0.08% to 198.900.
The US Dollar Index was up 0.64% at 97.05.