Investing.com – Nigeria stocks were lower after the close on Friday, as losses in the Banking, Insurance and Oil & Gas sectors led shares lower.
At the close in Lagos, the NSE 30 lost 0.57% to hit a new 1-month low.
The best performers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 4.83% or 0.19 points to trade at 4.12 at the close. Meanwhile, Dangsugar (LAGOS:DANGSUG) added 4.78% or 0.31 points to end at 6.81 and Fidelitybk (LAGOS:FIDELIT) was up 3.64% or 0.040 points to 1.140 in late trade.
The worst performers of the session were Stanbicibtc Hl (LAGOS:IBTC), which fell 3.63% or 0.49 points to trade at 13.94 at the close. Access Bank (LAGOS:ACCESS) declined 1.15% or 0.06 points to end at 5.16 and Fbn Holdings (LAGOS:FBNH) was down 0.59% or 0.020 points to 3.390.
Rising stocks outnumbered declining ones on the Lagos Stock Exchange by 19 to 14 and 63 ended unchanged.
Crude oil for September delivery was down 1.99% or 0.89 to $43.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.97% or 0.91 to hit $45.29 a barrel, while the August Gold contract fell 0.60% or 7.95 to trade at $1323.05 a troy ounce.
EUR/NGN was up 0.51% to 330.220, while USD/NGN rose 0.34% to 296.500.
The US Dollar Index was up 0.61% at 97.53.