© Reuters. Nigeria stocks lower at close of trade; NSE 30 down 1.15% Investing.com – Nigeria stocks were lower after the close on Thursday, as losses in the Banking , Food, Beverages & Tobacco and Insurance sectors led shares lower.
At the close in Lagos, the NSE 30 lost 1.15% to hit a new 52-week low.
The best performers of the session on the NSE 30 were Pz Cussons LG (LAGOS: PZ ), which rose 2.66% or 0.35 points to trade at 13.55 at the close. Meanwhile, Skye Bank (LAGOS: SKYEBAN ) added 1.92% or 0.010 points to end at 0.530 and Wemabank (LAGOS: WEMABAN ) was up 1.59% or 0.010 points to 0.640 in late trade.
The worst performers of the session were Nestle Nig (LAGOS: NESTLE ), which fell 10.00% or 150.00 points to trade at 1350.00 at the close. Union Bank LG (LAGOS: UBN ) declined 9.40% or 0.55 points to end at 5.30 and Unilever Nig (LAGOS: UNILEVE ) was down 6.40% or 3.20 points to 48.00.
Falling stocks outnumbered advancing ones on the Lagos by 58 to 31 and 11 ended unchanged.
Shares in Union Bank LG (LAGOS: UBN ) fell to 52-week lows; falling 9.40% or 0.55 to 5.30.
Crude oil for October delivery was down 1.66% or 1.14 to $67.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 1.38% or 1.07 to hit $76.20 a barrel, while the December Gold Futures contract rose 0.26% or 3.10 to trade at $1204.40 a troy ounce.
EUR/NGN was down 0.26% to 418.030, while USD/NGN fell 0.57% to 359.460.
The US Dollar Index Futures was down 0.01% at 95.06.