Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Food, Beverages & Tobacco, Banking and Insurance sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 0.79% to hit a new 1-month low.
The biggest gainers of the session on the NSE 30 were Firstcity Bnk (LAGOS:FCMB), which rose 5.62% or 0.05 points to trade at 0.94 at the close. Fbn Holdings (LAGOS:FBNH) added 3.33% or 0.11 points to end at 3.41 and Fidelitybk (LAGOS:FIDELIT) was up 1.52% or 0.02 points to 1.33 in late trade.
Biggest losers included Dangsugar (LAGOS:DANGSUG), which lost 4.55% or 0.25 points to trade at 5.25 in late trade. Wemabank (LAGOS:WEMABAN) declined 3.90% or 0.030 points to end at 0.740 and Stanbicibtc Hl (LAGOS:IBTC) shed 3.58% or 0.51 points to 14.00.
Declining stocks outnumbered rising ones by 25 to 16 and 43 ended unchanged on the Lagos.
In commodities trading, Crude oil for May delivery was down 1.66% or 0.61 to $36.18 a barrel. Meanwhile, Brent oil for delivery in June fell 1.50% or 0.58 to hit $38.09 a barrel, while the June Gold contract fell 0.42% or 5.10 to trade at $1218.40 a troy ounce.
EUR/NGN was down 0.91% to 225.050, while USD/NGN rose 0.03% to 199.150.
The US Dollar Index was down 0.10% at 94.49.