Investing.com – Nigeria equities were higher at the close on Monday, as gains in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors propelled shares higher.
At the close in Lagos, the NSE 30 gained 1.57% to hit a new 3-month high.
The biggest gainers of the session on the NSE 30 were Access Bank (LAGOS:ACCESS), which rose 7.87% or 0.38 points to trade at 5.25 at the close. Guiness Nig (LAGOS:GUINNES) added 5.00% or 4.75 points to end at 99.75 and Nig Brew (LAGOS:NB) was up 4.28% or 5.05 points to 122.75 in late trade.
Biggest losers included Unilever Nig (LAGOS:UNILEVE), which lost 4.58% or 1.65 points to trade at 34.20 in late trade. Union Bank LG (LAGOS:UBN) declined 2.20% or 0.11 points to end at 4.88 and Stanbicibtc Hl (LAGOS:IBTC) shed 1.66% or 0.24 points to 14.23.
Advancing stocks outnumbered falling ones by 26 to 24 and 38 ended unchanged on the Lagos.
In commodities trading, Crude oil for June delivery was up 3.07% or 1.42 to $47.63 a barrel. Meanwhile, Brent oil for delivery in July rose 2.45% or 1.17 to hit $49.00 a barrel, while the June Gold contract rose 0.07% or 0.95 to trade at $1273.65 a troy ounce.
EUR/NGN was down 0.24% to 225.400, while USD/NGN fell 0.04% to 199.030.
The US Dollar Index was down 0.12% at 94.49.