Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Banking, Insurance and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 0.68% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Dangsugar (LAGOS:DANGSUG), which rose 0.67% or 0.04 points to trade at 6.05 at the close. Nig Brew (LAGOS:NB) added 0.29% or 0.39 points to end at 131.78 and Guaranty Bnk (LAGOS:GUARANT) was up 0.26% or 0.06 points to 23.03 in late trade.
Biggest losers included Pz Cussons LG (LAGOS:PZ), which lost 4.95% or 0.67 points to trade at 12.87 in late trade. Diamond Bank (LAGOS:DIAMONB) declined 2.25% or 0.020 points to end at 0.900 and Total Nig (LAGOS:TOTAL) shed 2.24% or 6.00 points to 260.00.
Declining stocks outnumbered rising ones by 25 to 8 and 47 ended unchanged on the Lagos.
In commodities trading, Crude oil for March delivery was down 1.11% or 0.60 to $53.23 a barrel. Meanwhile, Brent oil for delivery in April fell 1.41% or 0.80 to hit $56.01 a barrel, while the April Gold Futures contract rose 0.83% or 10.15 to trade at $1230.95 a troy ounce.
EUR/NGN was up 0.22% to 338.480, while USD/NGN fell 0.71% to 315.250.
The US Dollar Index Futures was up 0.40% at 100.09.