Access, Zenith Bank Drive Intraday Rally on NGX
Equity investors are currently taking positions in Access, and Zenith Bank Plc. and there is ongoing traction in Fidelity Bank, according to intraday data from Alpha Morgan Capital Limited midday report.
Due to their large market valuation, stockbrokers hint that Access and Zenith Bank Plc including the Nigerian Exchange group stock combine are driving an uptrend in the local bourse midday.
Yesterday, the stock market ended positively with a moderate gain after a two-day losing streak that commenced on Monday. In the midday report, the equity market trades bullish following a 0.19 price increase in ZENITH BANK shares while FIDELITYBK has gained 0.34%.
The NGXGROUP share price inched up 0.86%, ACCESS spiked by 0.96%, and PRESCO share price is already up 6.40%. Overall, the Nigerian Exchange All Share Index (ASI) is higher by 0.02%. #Access, Zenith Bank Drive Intraday Rally on NGX
