Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Insurance, Banking and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 0.18% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 4.92% or 0.30 points to trade at 6.10 at the close. Diamond Bank (LAGOS:DIAMONB) added 4.52% or 0.070 points to end at 1.620 and Fidelitybk (LAGOS:FIDELIT) was up 2.33% or 0.050 points to 2.200 in late trade.
Biggest losers included Pz Cussons LG (LAGOS:PZ), which lost 4.81% or 1.05 points to trade at 20.80 in late trade. Guiness Nig (LAGOS:GUINNES) declined 2.84% or 2.95 points to end at 101.05 and Fbn Holdings (LAGOS:FBNH) shed 2.71% or 0.300 points to 10.750.
Declining stocks outnumbered rising ones by 55 to 42 and 10 ended unchanged on the Lagos.
In commodities trading, Crude oil for July delivery was up 1.15% or 0.82 to $72.19 a barrel. Meanwhile, Brent oil for delivery in July rose 0.68% or 0.53 to hit $79.04 a barrel, while the June Gold Futures contract fell 0.03% or 0.40 to trade at $1290.90 a troy ounce.
EUR/NGN was down 0.26% to 423.040, while USD/NGN rose 0.14% to 361.000.
The US Dollar Index Futures was down 0.02% at 93.56.