Diamond bank, Access and three others join top gainers
Diamond bank had recently suffered negative trade following speculations on proposed buyout by Access bank as a result of inadequate capitalization.
Access bank and Diamond bank had however deny such arrangement. Diamond bank last week got CBN approval to operate as a national bank, which means it now works with 10% recapitalization against 15%, the bank equally sold DB-UK alongside.
The shares open with a total volume of N14,305,004 valued at N14,211,942.36.
The shares unit price on Friday open at N0.93 and closed at N1.02 recording a 9.68% increase to wrap up for the week.
Access bank joined the top gainers, open with N7.3 to close at N7.45 with a 2.05% increase.
Raphael Orji is a Digital Marketing Expert, Seasoned and Dynamic Freelancer, with interest in Banking, Personal finance, Entrepreneurial development. A Councillor and Motivational Speaker.
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