GTCO Rises by 6.53% to N2.116 Trillion
Guaranty Trust Holding Company (GTCO) Plc. attracted investors’ attention in the equities segment of the Nigerian Exchange on Monday, driving the banking index higher on the day with 6.53% capital appreciation.
The financial services group share price surged to N62 in the equities market as 6.758 million shares valued at about N418 million exchanged hands.
The latest share price surge marked the peak level attained by GTCO in the last seven trading sessions in the stock market.
The most capitalised banking group had doubled down on its 52-week low, now trading at a fair discount to its record high in the local bourse ahead of the 2024 earnings release.
The market anticipates the release of 2024 earnings and the final dividend announcement to drive further momentum that could positively impact GTCO market value on the exchange. #GTCO Rises by 6.53% to N2.116 Trillion FCMB Climbs as Investors Await Audited Results
