7/12/2018/Proshare Research
Market sentiment towards the stocks of Access Bank and Diamond Bank Plc today was positive following the expected announcement of an ongoing merger talks between the two banks which of both them finally confirmed via individual press releases.
At the end of trading today, ACCESS share price grew by +9.40% while DIAMONDBNK share price also grew by +9.47%.
Further analysis on the impact assessment of the news on the merger talks on these stocks revealed that ACCESS recorded a N20.25bn gain in Market CAP while DIAMONDBNK also recorded N2.08bn gain in Market CAP. See below:
