Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.39%.
The biggest gainers of the session on the NSE 30 were Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which rose 8.83% or 0.31 points to trade at 3.82 at the close. Pz Cussons LG (LAGOS:PZ) added 6.06% or 1.00 points to end at 17.00 and Uacn Prop (LAGOS:UACN) was up 4.66% or 0.87 points to 19.42 in late trade.
Biggest losers included Wapco (LAGOS:WAPCO), which lost 5.00% or 2.50 points to trade at 47.52 in late trade. Wemabank (LAGOS:WEMABAN) declined 4.92% or 0.030 points to end at 0.590 and Diamond Bank (LAGOS:DIAMONB) shed 4.59% or 0.050 points to 1.090.
Declining stocks outnumbered rising ones by 28 to 16 and 46 ended unchanged on the Lagos.
In commodities trading, Crude oil for December delivery was down 3.14% or 1.53 to $47.17 a barrel. Meanwhile, Brent oil for delivery in January fell 3.41% or 1.73 to hit $48.95 a barrel, while the December Gold contract fell 0.07% or 0.85 to trade at $1275.95 a troy ounce.
EUR/NGN was down 0.38% to 345.210, while USD/NGN fell 0.16% to 316.000.
The US Dollar Index was up 0.05% at 98.36.