Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Food, Beverages & Tobacco, Oil & Gas and Banking sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.35% to hit a new 3-month low.
The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 4.30% or 0.040 points to trade at 0.970 at the close. Wapco (LAGOS:WAPCO) added 3.47% or 3.50 points to end at 102.50 and Fidelitybk (LAGOS:FIDELIT) was up 3.03% or 0.05 points to 1.70 in late trade.
Biggest losers included Dangflour (LAGOS:DANGFLO), which lost 4.97% or 0.18 points to trade at 3.44 in late trade. Guiness Nig (LAGOS:GUINNES) declined 3.16% or 4.80 points to end at 145.01 and Pz Cussons LG (LAGOS:PZ) shed 2.16% or 0.69 points to 31.25.
Declining stocks outnumbered rising ones by 33 to 21 and 43 ended unchanged on the Lagos.
In commodities trading, Crude oil for August delivery was down 2.56% or 1.42 to $54.10 a barrel. Meanwhile, Brent oil for delivery in August fell 3.31% or 2.00 to hit $58.33 a barrel, while the August Gold contract fell 0.11% or 1.30 to trade at $1166.50 a troy ounce.
EUR/NGN was down 0.68% to 219.530, while USD/NGN rose 0.03% to 199.050.
The US Dollar Index was down 0.15% at 96.23.