Business News

Airtel Africa, Others Revive Local Bourse by 0.84% Despite Bearish Sentiment

local bourse bear market

By Dipo Olowookere The Nigerian Exchange (NGX) Limited ended in the green territory on Thursday after it gained 0.84 per cent, thanks to Airtel Africa and some insurance equities. However, investor sentiment at the local bourse remained weak as a result of sustained profit-taking in the banking and consumer goods sectors. Data showed that the insurance index was the sole gainer of the sectors during the session, as it rose by 0.51 per cent when trading activities ended at 2:30 pm. Business Post reports that the banking counter depreciated by 3.04 per cent, the energy counter fell by 0.36 per