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    MarketForces Africa » MarketForces News » Live: GTCO Sees Strong Intraday Rally, Hits Record High

    Live: GTCO Sees Strong Intraday Rally, Hits Record High

    Olu AnisereBy Olu AnisereFebruary 5, 2025 News No Comments1 Min Read
    Live: GTCO Sees Strong Intraday Rally, Hits Record High
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    Live: GTCO Sees Strong Intraday Rally, Hits Record High

    GTCO Plc has started a process to breach a new 52-week high in the stock market as investors demand nudged the financial services group valuation higher during intraday trading sessions on Nigerisan Exchange (NGX).

    The orange-branded financial stock surged by 4.03% in the market during the early trading session on Wednesday, with more than 1.9 million shares volume valued at about N125 million.

    Data from the Nigerian Exchange showed that the GT Holdings share price has reached N64.50, its latest record high in 12 months. The diversified financial services group ranked as the most valuable, with a flood of foreign investors taking bets on its future earnings stream.

    The share price opened the day at N62 as the local bourse continued to maintain its uptrend. The market anticipates GTCO to release its earnings for the fourth quarter in the coming days. #Live: GTCO Sees Strong Intraday Rally, Hits Record High Senate Promises Adequate Funding for Fiscal Responsibility Commission

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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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