Transcorp, GTCO Drive Intraday Gain on NGX
The equities market climbed during the intraday trading session on Wednesday following strong buying interest in some companies, led by Transcorp Plc whose share surged by more than 3%.
Alpha Morgan Capital Limited reported that at mid-day, the Nigerian Exchange (NGX) All Share Index trended positively, reflecting a gain of 0.19%.
Stockbrokers said the upward trajectory is majorly attributed buying interest in some high capitalized banking and non-banking stocks, including TRANSCORP 3.20%, GTCO 1.90%, ACCESSCORP 1.88%, ZENITHBANK 0.56%, UBA 0.22%, and others.
During the intraday session, the NGX Banking Index has gained 0.65% as at mid-day with the hope to keep market in green. # Transcorp, GTCO Drive Intraday Gain on NGX Fund Raising: HillCrest Industries Opens Commercial Paper for Subscription at 27.81%
