Investing.com – Nigeria equities were higher at the close on Monday, as gains in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors propelled shares higher.
At the close in Lagos, the NSE 30 added 0.63% to hit a new 1-month high.
The biggest gainers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 10.24% or 3.30 points to trade at 35.54 at the close. Diamond Bank (LAGOS:DIAMONB) added 5.00% or 0.07 points to end at 1.46 and Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) was up 4.76% or 0.19 points to 4.18 in late trade.
Biggest losers included Union Bank LG (LAGOS:UBN), which lost 4.90% or 0.24 points to trade at 4.66 in late trade. Wemabank (LAGOS:WEMABAN) declined 2.60% or 0.020 points to end at 0.750 and Stanbicibtc Hl (LAGOS:IBTC) shed 2.41% or 0.35 points to 14.20.
Advancing stocks outnumbered falling ones by 30 to 18 and 40 ended unchanged on the Lagos.
In commodities trading, Crude oil for June delivery was down 2.10% or 0.94 to $43.72 a barrel. Meanwhile, Brent oil for delivery in July fell 3.22% or 1.46 to hit $43.91 a barrel, while the June Gold contract fell 1.99% or 25.75 to trade at $1268.25 a troy ounce.
EUR/NGN was down 0.41% to 226.720, while USD/NGN rose 0.05% to 199.100.
The US Dollar Index was up 0.32% at 94.13.