Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Banking, Insurance and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 1.52% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Pz Cussons LG (LAGOS:PZ), which rose 5.83% or 1.40 points to trade at 25.40 at the close. Uacn Prop (LAGOS:UACN) added 4.18% or 0.70 points to end at 17.45 and Wemabank (LAGOS:WEMABAN) was up 2.33% or 0.030 points to 1.300 in late trade.
Biggest losers included Guaranty Bnk (LAGOS:GUARANT), which lost 5.00% or 2.40 points to trade at 45.60 in late trade. Fbn Holdings (LAGOS:FBNH) declined 5.00% or 0.600 points to end at 11.400 and Fidelitybk (LAGOS:FIDELIT) shed 4.91% or 0.160 points to 3.100.
Declining stocks outnumbered rising ones by 64 to 20 and 12 ended unchanged on the Lagos.
In commodities trading, Crude oil for March delivery was up 1.39% or 0.82 to $60.02 a barrel. Meanwhile, Brent oil for delivery in April rose 1.00% or 0.63 to hit $63.42 a barrel, while the April Gold Futures contract rose 0.93% or 12.30 to trade at $1328.00 a troy ounce.
EUR/NGN was up 0.23% to 442.320, while USD/NGN fell 0.14% to 360.500.
The US Dollar Index Futures was down 0.08% at 90.15.