Investing.com – Nigeria equities were higher at the close on Monday, as gains in the Insurance, Oil & Gas and Banking sectors propelled shares higher.
At the close in Lagos, the NSE 30 added 0.37% to hit a new 1-month high.
The biggest gainers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 9.88% or 0.17 points to trade at 1.89 at the close. Fbn Holdings (LAGOS:FBNH) added 4.29% or 0.15 points to end at 3.65 and Firstcity Bnk (LAGOS:FCMB) was up 2.82% or 0.02 points to 0.72 in late trade.
Biggest losers included Dangsugar (LAGOS:DANGSUG), which lost 3.55% or 0.21 points to trade at 5.70 in late trade. Skye Bank (LAGOS:SKYEBAN) declined 2.04% or 0.02 points to end at 0.96 and Access Bank (LAGOS:ACCESS) 0.00% or 0.00 points to 4.20.
Advancing stocks outnumbered falling ones by 20 to 11 and 50 ended unchanged on the Lagos.
In commodities trading, Crude oil for April delivery was up 4.54% or 1.63 to $37.55 a barrel. Meanwhile, Brent oil for delivery in May rose 4.67% or 1.81 to hit $40.53 a barrel, while the April Gold contract fell 0.18% or 2.30 to trade at $1268.40 a troy ounce.
EUR/NGN was down 0.31% to 218.180, while USD/NGN rose 0.02% to 199.130.
The US Dollar Index was down 0.13% at 97.12.