Access Holdings Inches Near 52-Week High on Huge Trading Volume
Access Holding Plc. has advanced closely to its highest valuation in the last 52 weeks with an increased market activity on the financial services company’s shares in the local bourse.
Nigerian Exchange (NGX) trading data showed that Ticker: ACCESSCORP rose to N28.50 on Wednesday as 98.624 million units of the holdings company valued at N2.742 billion changed hands.
ACCESSCORP led the activity in the stock market on Wednesday, accounting for 14.48% of the total volume of all stocks on the exchange. ACCESSCORP also emerged as the most traded stock in value terms, accounting for 16.13% of the total value of all trades on the exchange.
The huge volume of Access Holdings traded nudged the counter price higher by 3.64% on the day, reflecting mixed activities from the buy and sell side actors.
At the close of the trading session, the Nigerian Exchange increase market value of Access holdings Plc.’s 53.317 billion shares outstanding to N1.519 trillion-1% discount to its highest value in 12month.
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