Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 2.60% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 4.26% or 0.04 points to trade at 0.98 at the close. Guiness Nig (LAGOS:GUINNES) unchanged 0.00% or 0.00 points to end at 96.10 and Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) was unchanged 0.00% or 0.00 points to 2.47 in late trade.
Biggest losers included Union Bank LG (LAGOS:UBN), which lost 9.64% or 0.54 points to trade at 5.06 in late trade. Nig Brew (LAGOS:NB) declined 4.46% or 4.90 points to end at 107.80 and Fidelitybk (LAGOS:FIDELIT) shed 4.35% or 0.06 points to 1.33.
Declining stocks outnumbered rising ones by 23 to 13 and 50 ended unchanged on the Lagos.
In commodities trading, Crude oil for May delivery was up 1.74% or 0.69 to $40.41 a barrel. Meanwhile, Brent oil for delivery in June rose 2.05% or 0.86 to hit $42.80 a barrel, while the June Gold contract rose 1.26% or 15.70 to trade at $1259.50 a troy ounce.
EUR/NGN was down 0.40% to 225.590, while USD/NGN unchanged 0.00% to 199.150.
The US Dollar Index was down 0.28% at 93.96.