Investing.com – Nigeria equities were higher at the close on Monday, as gains in the Food, Beverages & Tobacco, Banking and Insurance sectors propelled shares higher.
At the close in Lagos, the NSE 30 rose 0.69% to hit a new 52-week high.
The biggest gainers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 8.00% or 0.060 points to trade at 0.810 at the close. Wemabank (LAGOS:WEMABAN) added 7.02% or 0.040 points to end at 0.610 and Stanbicibtc Hl (LAGOS:IBTC) was up 4.68% or 1.45 points to 32.45 in late trade.
Biggest losers included Unilever Nig (LAGOS:UNILEVE), which lost 4.98% or 2.14 points to trade at 40.85 in late trade. Fbn Holdings (LAGOS:FBNH) declined 4.93% or 0.340 points to end at 6.550 and Union Bank LG (LAGOS:UBN) shed 2.86% or 0.17 points to 5.77.
Declining stocks outnumbered rising ones by 44 to 37 and 18 ended unchanged on the Lagos.
In commodities trading, Crude oil for August delivery was down 0.69% or 0.31 to $44.66 a barrel. Meanwhile, Brent oil for delivery in August fell 0.53% or 0.25 to hit $47.12 a barrel, while the August Gold Futures contract fell 0.69% or 8.65 to trade at $1247.85 a troy ounce.
EUR/NGN was up 3.40% to 352.710, while USD/NGN rose 0.46% to 326.000.
The US Dollar Index Futures was up 0.33% at 97.19.