Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Banking, Insurance and Food, Beverages & Tobacco sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 1.09% to hit a new 3-month low.
The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 1.11% or 0.010 points to trade at 0.900 at the close. Fidelitybk (LAGOS:FIDELIT) added 0.65% or 0.01 points to end at 1.54 and Unilever Nig (LAGOS:UNILEVE) was up 0.53% or 0.20 points to 37.60 in late trade.
Biggest losers included Union Bank LG (LAGOS:UBN), which lost 4.94% or 0.42 points to trade at 8.08 in late trade. Nig Brew (LAGOS:NB) declined 3.30% or 4.19 points to end at 122.78 and Diamond Bank (LAGOS:DIAMONB) shed 3.26% or 0.13 points to 4.00.
Declining stocks outnumbered rising ones by 33 to 17 and 53 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was down 1.16% or 0.56 to $47.58 a barrel. Meanwhile, Brent oil for delivery in September fell 1.58% or 0.86 to hit $53.76 a barrel, while the December Gold contract rose 0.94% or 10.20 to trade at $1096.20 a troy ounce.
EUR/NGN was up 0.93% to 220.240, while USD/NGN fell 0.12% to 198.820.
The US Dollar Index was down 0.86% at 96.50.