Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Food, Beverages & Tobacco, Oil & Gas and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.12% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Firstcity Bnk (LAGOS:FCMB), which rose 5.51% or 0.07 points to trade at 1.34 at the close. Dangsugar (LAGOS:DANGSUG) added 4.96% or 0.33 points to end at 6.98 and Guaranty Bnk (LAGOS:GUARANT) was up 3.63% or 0.84 points to 23.95 in late trade.
Biggest losers included Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which lost 5.25% or 0.23 points to trade at 4.14 in late trade. Stanbicibtc Hl (LAGOS:IBTC) declined 4.32% or 0.60 points to end at 13.28 and Skye Bank (LAGOS:SKYEBAN) shed 2.86% or 0.02 points to 0.68.
Declining stocks outnumbered rising ones by 18 to 14 and 50 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was up 3.06% or 1.28 to $43.08 a barrel. Meanwhile, Brent oil for delivery in October rose 2.60% or 1.15 to hit $45.42 a barrel, while the December Gold contract fell 0.17% or 2.35 to trade at $1342.05 a troy ounce.
EUR/NGN was down 0.42% to 354.330, while USD/NGN fell 0.15% to 322.000.
The US Dollar Index was up 0.18% at 96.36.