Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Banking, Oil & Gas and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 0.28%.
The biggest gainers of the session on the NSE 30 were Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which rose 4.01% or 0.37 points to trade at 9.60 at the close. Pz Cussons LG (LAGOS:PZ) added 3.78% or 0.87 points to end at 22.98 and Dangsugar (LAGOS:DANGSUG) was up 3.31% or 0.57 points to 17.76 in late trade.
Biggest losers included Stanbicibtc Hl (LAGOS:IBTC), which lost 4.74% or 1.99 points to trade at 40.03 in late trade. Unilever Nig (LAGOS:UNILEVE) declined 2.10% or 0.86 points to end at 40.04 and Guiness Nig (LAGOS:GUINNES) shed 1.96% or 2.00 points to 100.00.
Declining stocks outnumbered rising ones by 32 to 29 and 40 ended unchanged on the Lagos.
In commodities trading, Crude oil for January delivery was down 1.65% or 0.97 to $57.98 a barrel. Meanwhile, Brent oil for delivery in February rose 0.05% or 0.03 to hit $63.50 a barrel, while the December Gold Futures contract rose 0.64% or 8.19 to trade at $1295.49 a troy ounce.
EUR/NGN was up 0.67% to 429.720, while USD/NGN unchanged 0.00% to 360.000.
The US Dollar Index Futures was unchanged 0.00% at 92.72.