Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    NGX All-Share Index Declines as Investors Book Profit

    July 31, 2026

    XRP Slips as New York Files Lawsuit Against Prediction Platform

    July 31, 2026

    Transcorp Hotels Shareholders Barely React to H1-2026 Earnings

    July 31, 2026
    Facebook X (Twitter) Instagram
    Trending
    • NGX All-Share Index Declines as Investors Book Profit
    • XRP Slips as New York Files Lawsuit Against Prediction Platform
    • Transcorp Hotels Shareholders Barely React to H1-2026 Earnings
    • AVA Capital’s NGX Debut Opens New Investment Window, Market Eyes Thin Free Float
    • May & Baker Margin Expansion, Balance Sheet Strength Drive H1 Earnings Despite Flat Revenue
    • Binance bStocks Hits $500m in AUM as Investors Turn to Tokenised Stocks
    • Sterling Financial Rallies Against Market Tide, Ranks Among NGX’s Top Gainers
    • Apple Beats Q3 Earnings Expectations, EPS Surges 29%
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, August 1
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » GTCO Falls by 7.4% as Investors Exit Positions

    GTCO Falls by 7.4% as Investors Exit Positions

    Olu AnisereBy Olu AnisereMarch 18, 2026Updated:April 1, 2026 News No Comments1 Min Read
    GTCO Falls by 7.4% as Investors Exit Positions
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    GTCO Falls by 7.4% as Investors Exit Positions

    GTCO Plc lost 7.41% of its market value in the Nigerian Exchange (NGX) on Friday as investor sentiment deteriorated ahead of the 2025 earnings release.

    The financial services group’s share price fell to N114.35 in the market due to the activities of a sell-side actor taking profit ahead of the Islamic holiday.

    The share price hit its weekly low as 48.890 million units of GTCO, valued at N5.974 billion, were transacted on Wednesday, dragging the banking index southward.

    At the close of the trading session, GTCO Plc’s 36.55 billion outstanding shares were valued at N4.179 trillion, at more than 10% discount to its 52-week high in the Nigerian stock market.  

    Transcorp Hotels Hits 52-Week High, Tops N2trn in Fresh Breakout

    GTCO
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Olu Anisere
    • Website
    • LinkedIn

    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.

    Keep Reading

    NGX All-Share Index Declines as Investors Book Profit

    XRP Slips as New York Files Lawsuit Against Prediction Platform

    Transcorp Hotels Shareholders Barely React to H1-2026 Earnings

    AVA Capital’s NGX Debut Opens New Investment Window, Market Eyes Thin Free Float

    May & Baker Margin Expansion, Balance Sheet Strength Drive H1 Earnings Despite Flat Revenue

    Binance bStocks Hits $500m in AUM as Investors Turn to Tokenised Stocks

    Add A Comment

    Comments are closed.

    Editors Picks

    NGX All-Share Index Declines as Investors Book Profit

    July 31, 2026

    XRP Slips as New York Files Lawsuit Against Prediction Platform

    July 31, 2026

    Transcorp Hotels Shareholders Barely React to H1-2026 Earnings

    July 31, 2026

    AVA Capital’s NGX Debut Opens New Investment Window, Market Eyes Thin Free Float

    July 31, 2026

    May & Baker Margin Expansion, Balance Sheet Strength Drive H1 Earnings Despite Flat Revenue

    July 31, 2026
    Latest Posts

    NGX All-Share Index Declines as Investors Book Profit

    July 31, 2026

    XRP Slips as New York Files Lawsuit Against Prediction Platform

    July 31, 2026

    Transcorp Hotels Shareholders Barely React to H1-2026 Earnings

    July 31, 2026

    AVA Capital’s NGX Debut Opens New Investment Window, Market Eyes Thin Free Float

    July 31, 2026

    May & Baker Margin Expansion, Balance Sheet Strength Drive H1 Earnings Despite Flat Revenue

    July 31, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.