Investing.com – Nigeria equities were higher at the close on Monday, as gains in the Oil & Gas, Insurance and Banking sectors propelled shares higher.
At the close in Lagos, the NSE 30 gained 0.12% to hit a new 1-month high.
The biggest gainers of the session on the NSE 30 were Fidelitybk (LAGOS:FIDELIT), which rose 3.25% or 0.04 points to trade at 1.27 at the close. Skye Bank (LAGOS:SKYEBAN) added 1.79% or 0.02 points to end at 1.13 and Guaranty Bnk (LAGOS:GUARANT) was up 0.73% or 0.12 points to 16.67 in late trade.
Biggest losers included Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which lost 5.00% or 0.06 points to trade at 1.14 in late trade. Zenithbank (LAGOS:ZENITHB) declined 4.92% or 0.60 points to end at 11.60 and Fbn Holdings (LAGOS:FBNH) shed 4.07% or 0.16 points to 3.77.
Declining stocks outnumbered rising ones by 26 to 13 and 57 ended unchanged on the Lagos.
In commodities trading, Crude oil for March delivery was up 0.68% or 0.20 to $29.64 a barrel. Meanwhile, Brent oil for delivery in April fell 0.04% or 0.01 to hit $33.34 a barrel, while the April Gold contract fell 2.46% or 30.50 to trade at $1208.90 a troy ounce.
EUR/NGN was down 1.35% to 221.650, while USD/NGN fell 0.55% to 198.000.
The US Dollar Index was up 0.92% at 96.87.