Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Banking, Food, Beverages & Tobacco and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 1.23% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Fbn Holdings (LAGOS:FBNH), which rose 8.35% or 0.42 points to trade at 5.45 at the close. Nestle Nig (LAGOS:NESTLE) unchanged 0.00% or 0.00 points to end at 810.00 and Dangsugar (LAGOS:DANGSUG) was unchanged 0.00% or 0.00 points to 6.51 in late trade.
Biggest losers included Stanbicibtc Hl (LAGOS:IBTC), which lost 4.93% or 1.03 points to trade at 19.85 in late trade. Zenithbank (LAGOS:ZENITHB) declined 4.82% or 0.82 points to end at 16.18 and Dangflour (LAGOS:DANGFLO) shed 4.74% or 0.12 points to 2.41.
Declining stocks outnumbered rising ones by 26 to 10 and 52 ended unchanged on the Lagos.
In commodities trading, Crude oil for December delivery was down 0.32% or 0.13 to $40.61 a barrel. Meanwhile, Brent oil for delivery in January fell 1.95% or 0.86 to hit $43.60 a barrel, while the December Gold contract rose 0.37% or 4.00 to trade at $1084.90 a troy ounce.
EUR/NGN was down 0.42% to 213.710, while USD/NGN rose 0.03% to 199.025.
The US Dollar Index was up 0.50% at 99.38.