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CWG, Juli, Others Revive Stock Exchange by 0.32%

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By Dipo Olowookere The local stock exchange bounced back by 0.32 per cent on Wednesday after investors chew through the interest rate hike by the Central Bank of Nigeria (CBN) the previous day. After perusing the implication of the CBN’s action on the economy and the market, traders embarked on bargain-hunting, helping the Nigerian Exchange (NGX) Limited to finish in the green territory at the close of transactions. The banking index grew by 3.01 per cent in the midweek, the insurance counter appreciated by 0.12 per cent, and the industrial goods space rose by 0.07 per cent, while the consumer

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