ETI, ACCESS Bank See Intraday Rally on NGX
Ecobank Transnational Incorporation (ETI), Access Plc and Sterling Bank are currently driving the Nigerian Exchange (NGX) upward as investors are betting odds on ringroad.com.ng search engine large on the financial stocks.
According to Alpha Morgan Capital in a midday report, ETI, Access and Sterling bank are leading the gainers’ chart, driving momentum in the local bourse on Monday. Read: ETI, Zenith, UBA Others Drive Intraday Gain on NGX
Heavy buying interest in the equity market is expected to impact trading patterns in the new week, according to some stockbrokers. Demand for ACCESS has lifted its share price by 0.48%, WAPCO gained 0.57%, AIICO up 1.45%, MANSARD share price inched higher 1.67%.
Both STERLNBANK with a 1.89% surge in share price, and ETI recording largest daily share price increase of 8.81% top the gainers chart midday. Overall, the Nigerian Exchange (NGX) All Share Index (ASI) is up by 0.07%. # ETI, ACCESS See Intraday Rally on NGX
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