Shareholders have expressed surprise that the shareholding structure in Access Bank Corporation is tilting with a total of 43.702 million worth N703.328 million changing hands in one day.
Investors traded 311.116 million shares worth N3.915 billion in 7193 deals against 356.015 million shares valued at N4.233 billion in 6469 deals.
Transactions in the shares of AccessCorp led market activities during the day with 43.702 million shares valued at N703.328 million, Transnational Corporation of Nigeria followed with 28.497 million shares worth N181.730 million, Dangote Sugar Refinery traded 16.029 million shares cost N820.840 million, Chi Plc traded 15.565 million shares cost N13. 471 million while Omatek exchanged 15.514 million shares cost N4.659 million.
The domestic equity market Monday opened the week on a positive note, appreciating by N325 billion.
The market capitalisation of listed equities increased by 0.90 per cent to close at N36.205 trillion from N35.880 trillion reported the previous day.
The NGX All Share Index also appreciated by 592.47 basis points to 66151.38 points recorded the previous day.
An analysis of the investment showed that four companies recorded 10 per cent gain at the close of transaction Omatek Plc, Dangote Sugar Refinery increased by 10 per cent each to close at N0.33 and 52.25 per share respectively. Thomas Way and Transnational Corporation of Nigeria also appreciated by 10 per cent each to close respectively at N1.87 per cent and N6.38 per cent per unit.SFS REIT followed with a gain of 9.96 per cent to close at N92.15 per unit.
On the contrary, CWG recorded the highest loss, in percentage terms, declining by 10 per cent to close at N4.50 per unit, JohnHolt trailed with a loss of 9.80 per cent to close at N1.38 per share, NEM Insurance declined by 9.54 per cent to close at N5.12 per unit, NSLTech fell by 9.09 per cent to close at N0.30 per share while Cutix Plc dropped by 8.33 per cent to close at N2.20 per share.
