Demand for MTN Shares Surges: up 10.0% to N108.90 – Afrinvest

Further to the high demand witnessed on MTN Nigeria Communications Limited (“MTNN”) shares since its listing on the Nigerian Stock Exchange yesterday, we share some trading highlights, please see below:

  • MTN Nigeria share price is currently up 10.0% to N108.90 with a total bid of 262m units – 227m units at N108.90 and 34m units between N90.00-N108.00 (as at 12:05am)
  • Total number of orders currently stands as 954 (as at 12:05am)
  • 528,600 units traded so far (as at 12:05am) at a total value of N57.6m
  • Major trades carried out so far :

244,000 units crossed at N108.90 – 10.37am
44,850 units crossed at N108.90 – 10.38am
203,600 units crossed at N108.90 – 10.40am

To open your account and commence trading, please visit our website www.afrinvestor.com  or send an email to brokerageteam@afrinvest.com.

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