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 added 0.10%.
The biggest gainers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 5.00% or 1.75 points to trade at 36.75 at the close. Skye Bank (LAGOS:SKYEBAN) added 4.69% or 0.03 points to end at 0.67 and Union Bank LG (LAGOS:UBN) was up 3.75% or 0.15 points to 4.15 in late trade.
Biggest losers included Diamond Bank (LAGOS:DIAMONB), which lost 4.24% or 0.050 points to trade at 1.130 in late trade. Firstcity Bnk (LAGOS:FCMB) declined 4.00% or 0.05 points to end at 1.20 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) shed 3.69% or 0.16 points to 4.18.
Declining stocks outnumbered rising ones by 35 to 11 and 40 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was up 2.52% or 1.12 to $45.61 a barrel. Meanwhile, Brent oil for delivery in October rose 2.47% or 1.16 to hit $48.13 a barrel, while the December Gold contract rose 0.23% or 3.15 to trade at $1346.35 a troy ounce.
EUR/NGN was up 1.25% to 359.960, while USD/NGN rose 0.16% to 321.500.
The US Dollar Index was down 0.10% at 95.58.