Diamond bank Access

Diamond bank, Access and three others join top gainers

Diamond bank Access

Diamond bank, Access and three others join top gainers

Raphael Orji Raphael Orji December 7, 2018

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.

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