Live Trade: GTCO Trades Negative on Early Morning Selloffs
Some shareholders who are part owners of Guaranty Trust Holdings Plc are selling down their shares or interest in the financial services group, according to live trading data tracked by MarketForces Africa.
The financial services behemoth closed at N38 per share yesterday in the stock market, with market valuation of N1.118 trillion – the only banking name standing at N1 trillion valuation.
Early trading record showed GTCO has lost 2.63% of its opening price amidst ongoing efforts to recapitalize the banking arm – GTBank Limited.
The stock’s 52 week record has been knocked down by more than 34%, N53.95 to the current trading price of N37. Data from the Nigerian Exchange showed that more than 30.133 million volume of shares have been traded early today worth N1.115 billion. #Live Trade: GTCO Trades Negative on Early Morning Selloffs
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