Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Oil & Gas, Insurance and Banking sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.04%.
The biggest gainers of the session on the NSE 30 were Zenithbank (LAGOS:ZENITHB), which rose 1.69% or 0.25 points to trade at 15.00 at the close. Wapco (LAGOS:WAPCO) added 1.14% or 0.49 points to end at 43.15 and Guiness Nig (LAGOS:GUINNES) was up 0.63% or 0.50 points to 80.01 in late trade.
Biggest losers included Wemabank (LAGOS:WEMABAN), which lost 6.15% or 0.040 points to trade at 0.610 in late trade. Union Bank LG (LAGOS:UBN) declined 5.26% or 0.25 points to end at 4.50 and Pz Cussons LG (LAGOS:PZ) shed 4.75% or 0.83 points to 16.61.
Declining stocks outnumbered rising ones by 19 to 11 and 51 ended unchanged on the Lagos.
In commodities trading, Crude oil for December delivery was down 1.87% or 0.95 to $49.90 a barrel. Meanwhile, Brent oil for delivery in December fell 1.87% or 0.97 to hit $50.81 a barrel, while the December Gold contract fell 0.33% or 4.15 to trade at $1263.55 a troy ounce.
EUR/NGN was up 2.60% to 354.050, while USD/NGN unchanged 0.00% to 316.500.
The US Dollar Index was up 0.16% at 98.78.