BSE records tumble as Access Bank takes over BancABC

Prior to today, the BSE’s highest daily turnover was P494.3 million recorded in 2016, P484.6 million in 2017 and P458.6 million in 2018, the Exchange’s CEO, Thapelo Tsheole said in a statement this afternoon.

“This transaction represents a great achievement for the BSE in being able to facilitate large trades in line with our current strategy to increase the average daily turnover levels to P18million per day by the end of 2021,” he said.