Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Food, Beverages & Tobacco, Banking and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 lost 0.50% to hit a new 3-month low.
The biggest gainers of the session on the NSE 30 were Guiness Nig (LAGOS:GUINNES), which unchanged 0.00% or 0.00 points to trade at 138.63 at the close. Dangflour (LAGOS:DANGFLO) unchanged 0.00% or 0.00 points to end at 3.30 and Unilever Nig (LAGOS:UNILEVE) was unchanged 0.00% or 0.00 points to 37.91 in late trade.
Biggest losers included Union Bank LG (LAGOS:UBN), which lost 4.94% or 0.44 points to trade at 8.47 in late trade. Wemabank (LAGOS:WEMABAN) declined 2.00% or 0.020 points to end at 0.980 and Access Bank (LAGOS:ACCESS) shed 1.77% or 0.09 points to 5.00.
Declining stocks outnumbered rising ones by 32 to 14 and 51 ended unchanged on the Lagos.
In commodities trading, Crude oil for August delivery was up 0.74% or 0.39 to $53.13 a barrel. Meanwhile, Brent oil for delivery in September rose 0.20% or 0.12 to hit $59.12 a barrel, while the August Gold contract fell 0.16% or 1.80 to trade at $1156.10 a troy ounce.
EUR/NGN was down 1.15% to 220.390, while USD/NGN fell 0.01% to 198.975.
The US Dollar Index was up 0.87% at 96.79.