GTCO, ACCESS, UBA Drive Midday Rally on NGX
Top players in the banking sector are driving intraday gain on the Nigerian Exchange on Monday, according to stockbrokers report.
GTCO, ACCESS PLC and UBA PLC are among others early risers are seeing positive price movement on the Nigerian Exchange.
At mid-day, the NGX All Share Index trended positively, reflecting a marginal gain of 0.03%, according to Alpha Morgan Capital Limited..
Stockbrokers attributed the upward movement to buying interest in some discounted Tier-1 banking sector stocks, including GTCO 1.00%, ACCESSCORP 0.26%, UBA 0.22%, and others.
Details show that Access Holdings PLC has seen a marginal price uptick of 0.26%. GTCO share is the highest gainer with 1% price surge while UBA is trading 0.22% above its opening price on Monday.
Also, the NGX Banking Index had gained 0.07% as at mid-day, Alpha Morgan Capital Limited said in the note shared with investors. GTCO, ACCESS, UBA Drive Midday Rally on NGX
