Live: GTCO Sees Strong Intraday Rally, Hits Record High
GTCO Plc has started a process to breach a new 52-week high in the stock market as investors demand nudged the financial services group valuation higher during intraday trading sessions on Nigerisan Exchange (NGX).
The orange-branded financial stock surged by 4.03% in the market during the early trading session on Wednesday, with more than 1.9 million shares volume valued at about N125 million.
Data from the Nigerian Exchange showed that the GT Holdings share price has reached N64.50, its latest record high in 12 months. The diversified financial services group ranked as the most valuable, with a flood of foreign investors taking bets on its future earnings stream.
The share price opened the day at N62 as the local bourse continued to maintain its uptrend. The market anticipates GTCO to release its earnings for the fourth quarter in the coming days. #Live: GTCO Sees Strong Intraday Rally, Hits Record High Senate Promises Adequate Funding for Fiscal Responsibility Commission
