Investing.com – Nigeria equities were higher at the close on Monday, as gains in the Banking, Food, Beverages & Tobacco and Insurance sectors propelled shares higher.
At the close in Lagos, the NSE 30 added 0.47%.
The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 5.00% or 0.24 points to trade at 4.79 at the close. Wapco (LAGOS:WAPCO) added 3.81% or 1.80 points to end at 47.22 and Zenithbank (LAGOS:ZENITHB) was up 2.25% or 0.32 points to 14.55 in late trade.
Biggest losers included Guiness Nig (LAGOS:GUINNES), which lost 9.75% or 8.62 points to trade at 79.83 in late trade. Diamond Bank (LAGOS:DIAMONB) declined 5.51% or 0.070 points to end at 1.200 and Skye Bank (LAGOS:SKYEBAN) shed 4.55% or 0.03 points to 0.63.
Declining stocks outnumbered rising ones by 22 to 17 and 46 ended unchanged on the Lagos.
In commodities trading, Crude oil for November delivery was up 3.07% or 1.53 to $51.34 a barrel. Meanwhile, Brent oil for delivery in December rose 2.48% or 1.29 to hit $53.22 a barrel, while the December Gold contract rose 0.68% or 8.55 to trade at $1260.45 a troy ounce.
EUR/NGN was up 0.33% to 352.070, while USD/NGN rose 3.06% to 315.375.
The US Dollar Index was up 0.40% at 96.91.