Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Oil & Gas, Food, Beverages & Tobacco and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 0.50% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Guaranty Bnk (LAGOS:GUARANT), which rose 2.70% or 1.00 points to trade at 38.00 at the close. Guiness Nig (LAGOS:GUINNES) added 1.93% or 1.87 points to end at 98.52 and Skye Bank (LAGOS:SKYEBAN) was up 1.92% or 0.010 points to 0.520 in late trade.
Biggest losers included Union Bank LG (LAGOS:UBN), which lost 3.67% or 0.22 points to trade at 5.78 in late trade. Fbn Holdings (LAGOS:FBNH) declined 3.39% or 0.190 points to end at 5.410 and Nig Brew (LAGOS:NB) shed 2.86% or 5.00 points to 168.02.
Declining stocks outnumbered rising ones by 50 to 28 and 29 ended unchanged on the Lagos.
In commodities trading, Crude oil for November delivery was down 0.44% or 0.22 to $50.22 a barrel. Meanwhile, Brent oil for delivery in November fell 0.49% or 0.27 to hit $55.35 a barrel, while the December Gold Futures contract fell 1.06% or 14.08 to trade at $1311.12 a troy ounce.
EUR/NGN was up 0.16% to 431.000, while USD/NGN rose 1.84% to 360.500.
The US Dollar Index Futures was up 0.23% at 91.86.