Investing.com – Nigeria equities were higher at the close on Monday, as gains in the Food, Beverages & Tobacco, Insurance and Banking sectors propelled shares higher.
At the close in Lagos, the NSE 30 rose 0.05% to hit a new 1-month high.
The biggest gainers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 4.76% or 0.03 points to trade at 0.66 at the close. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) added 3.49% or 0.13 points to end at 3.85 and Fbn Holdings (LAGOS:FBNH) was up 3.23% or 0.100 points to 3.120 in late trade.
Biggest losers included Dangsugar (LAGOS:DANGSUG), which lost 2.74% or 0.18 points to trade at 6.27 in late trade. Firstcity Bnk (LAGOS:FCMB) declined 1.90% or 0.02 points to end at 1.03 and Wemabank (LAGOS:WEMABAN) shed 1.49% or 0.010 points to 0.660.
Declining stocks outnumbered rising ones by 23 to 15 and 62 ended unchanged on the Lagos.
In commodities trading, Crude oil for November delivery was up 3.39% or 1.51 to $45.99 a barrel. Meanwhile, Brent oil for delivery in December rose 3.01% or 1.40 to hit $47.88 a barrel, while the December Gold contract rose 0.18% or 2.35 to trade at $1344.05 a troy ounce.
EUR/NGN was down 1.09% to 349.990, while USD/NGN fell 0.79% to 313.000.
The US Dollar Index was down 0.24% at 95.18.