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Thursday, May 19, 2022

Access Holdings Plc gains over N10 billion in 24 hours

At the end of yesterday’s trading session, Access Holdings Plc share price appreciated by 3.02% to close at N10.25 per share, increased from N9.95 per share to N10.25 per share. According to data from nairamterics

Taking the market capitalization to N364.34 billion.

The newspaper also reported that it came after Access Bank Plc was delisted to allow for the completion of the scheme of the arrangement, after which the shares were relisted on Monday, 28th March 2022, as Access Holdings Plc.

The growth in share prices which was recorded by the group can be attributed to investors’ positive sentiment towards the new structure of the company, which triggered buy-interests pushing the company’s value up by 302 basis points.

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this led to a rally in the shares of the company resulting in a gain of N10.66 billion in market capitalization at the close of trading activities on Nigeria’s stock exchange.

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