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    GTCO, Zenith, UBA Drive Intraday Gain on NGX

    Ogochukwu NdubuisiBy No Comments1 Min Read
    GTCO, Zenith, UBA Drive Intraday Gain on NGX

    GTCO, Zenith, UBA Drive Intraday Gain on NGX

    Three among top big banks in Nigeria (GTCO, Zenith and UBA Plc) were seen gaining investors’ attention in the stock market during the intraday trading session on Thursday. Investors came ready prepare to hunt stocks with strong fundamental and growth potential after holiday.

    At mid-day trading, Alpha Morgan Capital Limited told investors that the Nigerian exchange (NGX) All Share Index witnessed a positive trend, showing a gain of 0.09%.

    Stockbrokers said this uptick is attributed to buying sentiment in some mid to high capitalized stocks. The day drivers include NB which gained 6.90% while UBA surged by 3.23%.

    Driving the momentum were investors’ interest in Zenith, and GTCO.  Data showed that ZENITHBANK saw 2.71% price appreciation, GTCO grew by 1.83%, OANDO did 1.72% along with others gainers.

    However, the NGX Banking Index lost -0.08% as at mid-day, according to data from the Nigerian Exchange. GTCO, Zenith, and UBA Drive Intraday Gain on NGX US Dollar Pares Gains after Producer Prices Fall

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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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