Transcorp Shares Just Popped

Transcorp shares popped 10% today after it hit a day high intraday volume trade of 412,989,369 and value of N1.3billion. It is unclear what was behind the huge volume of trade today but it appears there must have been an exchange from by major players. Transcorp closed at N3.08 on Friday, opened at 3.23 and closed at N3.39 on Monday. Transcorp hit a year low during intra day trading on December 18th before recording a 10% pop the next day. It has now gained 20% in two days.