Investing.com – Nigeria equities were higher at the close on Monday, as gains in the Oil & Gas, Banking and Food, Beverages & Tobacco sectors propelled shares higher.
At the close in Lagos, the NSE 30 added 1.03% to hit a new 1-month high.
The biggest gainers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 4.55% or 0.06 points to trade at 1.38 at the close. Fbn Holdings (LAGOS:FBNH) added 2.37% or 0.09 points to end at 3.89 and Diamond Bank (LAGOS:DIAMONB) was up 1.47% or 0.02 points to 1.38 in late trade.
Biggest losers included Wemabank (LAGOS:WEMABAN), which lost 7.29% or 0.070 points to trade at 0.890 in late trade. Dangsugar (LAGOS:DANGSUG) declined 4.91% or 0.27 points to end at 5.65 and Firstcity Bnk (LAGOS:FCMB) shed 3.80% or 0.03 points to 0.76.
Advancing stocks outnumbered falling ones by 19 to 18 and 50 ended unchanged on the Lagos.
In commodities trading, Crude oil for April delivery was up 2.53% or 0.83 to $33.61 a barrel. Meanwhile, Brent oil for delivery in May rose 2.79% or 0.99 to hit $36.43 a barrel, while the April Gold contract rose 0.97% or 11.80 to trade at $1232.20 a troy ounce.
EUR/NGN was down 1.85% to 215.580, while USD/NGN fell 0.05% to 199.050.
The US Dollar Index was up 0.23% at 98.36.