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    Friday, October 2

    Banks Shares, MTNN Drive Intraday Rally on NGX

    Ogochukwu NdubuisiBy Updated: News No Comments1 Min Read
    Banks Shares, MTNN Drive Intraday Rally on NGX

    Banks Shares, MTNN Drive Intraday Rally on NGX

    Banking, insurance stocks and MTN Nigeria are driving intraday rally on the Nigerian Exchange (NGX), according to a midday report shared by Alpha Morgan Capital today.

    As such, the equity market moves on a bullish trend.  Trading data shows that there were demands in FBNH, Stanbic IBTC, FCMB, ACCESS Bank and other sectors including insurance and Telco.

    The report shows that FBNH share price gains 0.43% at midday trading and STANBIC also sees a 0.43% increase. FCMB share price makes 0.66% uptrend in valuation, ACCESS Bank gains 0.98%, MTNN share price inched up 1.25%, and AIICO rises by 1.45%.

    Overall, the Nigeria Exchange All Share Index (ASI) is higher by 0.22%. Banks Shares, MTNN Drive Intraday Rally on NGX. Read:ETI, Zenith, UBA Others Drive Intraday Gain on NGX

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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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