GTCO Hits All-Time High on Earnings Outlook Optimism
GTCO Plc share price climbed to close at an all-time high of N59 in the stock market as investors’ appetite for Tier-1 banking group increased. The banking group gained attention on new optimism and surged to N59 per share ahead of 2025 earnings.
Investors bet on GTCO on the expectation that the financial services group would continue to deliver results and boost shareholders returns.
According to trading data, GTCO’s share price rose to N59 on Tuesday after more than 4 million shares were traded on the Nigerian Exchange platform, up from N58 in the previous day.
Hence, the Nigerian Exchange valued GTCO’s 29.431 billion shares outstanding for N1.736 trillion on Tuesday ahead of the company’s fourth quarter earnings release.
GTCO has shown its strong earnings strength and capability with more than N1 trillion in profitability while a sustained high interest rate environment continues to strengthen margin. #GTCO Hits All-Time High on Earnings Outlook Optimism Equities Investors Gain N471bn as MTNN, Transcorp Rally
