GTCO Slides to £1,754.85m in London Stock Exchange
Guaranty Trust Holding Company Plc (GTCO) slipped by 2.16% to £1,754.85 million in the London Stock Exchange, trading data from the bourse tracked by MarketForces Africa shows.
The financial services company has seen significant fluctuation in trading volume at the London stock market. As market anticipates the release of Q4 earnings, trading volume rose to 470.45 million in Oct, and slumped to 10.82 million in Dec.
The banking stock settled at £0.06 following sell pressures as investors sentiment declined ahead of earnings. Trading activities have been minimal, restricting how the financial services company’s market value juggles.
Trading details from the London bourse revealed that its share price had peaked at £0.09 as of the end of July, and its price movement has been all negative with bumps and rides since then. Trading data from the London stock market indicates that GTCO is trading above its 52-week low of £0.05.
GTCO, in conformity with the Financial Conduct Authority’s (FCA) Disclosure and Transparency Rule, announced that its issued ordinary share capital comprised of 36,425,229,514 ordinary shares of par value 0.001p each. 21 Insurance Companies Account for 1% of NGX Capitalisation
