Investing.com – Nigeria stocks were lower after the close on Thursday, as losses in the Oil & Gas, Banking and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 declined 0.68% to hit a new 3-months low.
The best performers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 7.95% or 0.14 points to trade at 1.91 at the close. Meanwhile, Nestle Nig (LAGOS:NESTLE) added 5.00% or 42.00 points to end at 882.00 and Access Bank (LAGOS:ACCESS) was up 4.91% or 0.20 points to 4.27 in late trade.
The worst performers of the session were Wemabank (LAGOS:WEMABAN), which fell 7.06% or 0.060 points to trade at 0.820 at the close. Dangflour (LAGOS:DANGFLO) declined 4.33% or 0.13 points to end at 2.87 and Guiness Nig (LAGOS:GUINNES) was down 4.13% or 5.00 points to 117.98.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 30 to 17 and 38 ended unchanged.
Shares in Wemabank (LAGOS:WEMABAN) fell to 52-week lows; down 7.06% or 0.060 to 0.820. Shares in Dangflour (LAGOS:DANGFLO) fell to all time lows; falling 4.33% or 0.13 to 2.87.
Crude oil for October delivery was up 0.41% or 0.17 to $41.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.39% or 0.18 to hit $46.98 a barrel, while the December Gold contract rose 1.93% or 21.80 to trade at $1149.70 a troy ounce.
EUR/NGN was up 1.53% to 222.480, while USD/NGN rose 0.33% to 199.165.
The US Dollar Index was down 0.48% at 95.96.