Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Food, Beverages & Tobacco, Insurance and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.53%.
The biggest gainers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 9.85% or 0.27 points to trade at 3.01 at the close. Firstcity Bnk (LAGOS:FCMB) added 4.88% or 0.04 points to end at 0.86 and Zenithbank (LAGOS:ZENITHB) was up 4.45% or 0.55 points to 12.89 in late trade.
Biggest losers included Union Bank LG (LAGOS:UBN), which lost 4.68% or 0.28 points to trade at 5.70 in late trade. Nig Brew (LAGOS:NB) declined 3.00% or 3.00 points to end at 97.00 and Diamond Bank (LAGOS:DIAMONB) shed 2.63% or 0.04 points to 1.50.
Declining stocks outnumbered rising ones by 24 to 16 and 39 ended unchanged on the Lagos.
In commodities trading, Crude oil for April delivery was down 3.84% or 1.48 to $37.02 a barrel. Meanwhile, Brent oil for delivery in May fell 2.60% or 1.05 to hit $39.34 a barrel, while the April Gold contract fell 1.31% or 16.50 to trade at $1242.90 a troy ounce.
EUR/NGN was up 0.63% to 221.320, while USD/NGN rose 0.63% to 199.150.
The US Dollar Index was up 0.36% at 96.57.