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 lost 0.39%.
The biggest gainers of the session on the NSE 30 were Fbn Holdings (LAGOS:FBNH), which rose 1.74% or 0.060 points to trade at 3.500 at the close. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) added 1.24% or 0.05 points to end at 4.10 and Dangsugar (LAGOS:DANGSUG) was unchanged 0.00% or 0.00 points to 6.40 in late trade.
Biggest losers included Diamond Bank (LAGOS:DIAMONB), which lost 4.04% or 0.040 points to trade at 0.950 in late trade. Wemabank (LAGOS:WEMABAN) declined 3.64% or 0.020 points to end at 0.530 and Guaranty Bnk (LAGOS:GUARANT) shed 1.56% or 0.38 points to 23.89.
Declining stocks outnumbered rising ones by 17 to 9 and 50 ended unchanged on the Lagos.
In commodities trading, Crude oil for March delivery was down 0.92% or 0.49 to $52.68 a barrel. Meanwhile, Brent oil for delivery in April fell 0.50% or 0.28 to hit $55.42 a barrel, while the April Gold Futures contract rose 0.52% or 6.25 to trade at $1197.35 a troy ounce.
EUR/NGN was down 2.37% to 328.620, while USD/NGN fell 88.98% to 35.000.
The US Dollar Index Futures was down 0.06% at 100.50.