Browsing: GTCO

Guaranty Trust Holding Company Plc (GTCO) has filed a preliminary “red herring” prospectus with the Securities and Exchange Commission (SEC) to raise a proposed offering of N500 billion gross proceed.

In the equities market, investors that were trading highs and lows on the Nigerian Exchange (NGX) gained more than N114 billion on Thursday due to bargain hunting in banking, amd industrial names, among others.

Reversing the previous downturn, shares of Nigerian big banks are currently trading higher. The market had priced these stocks lower amidst weak sentiment in the local bourse last week, causing investors to lose N290.1 billion over five trading sessions.

GTCO’s Market Value Falls 31% Below 52-Week High Selloffs has knocked out about 31% of market value of Guaranty Trust…

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

Local deposit money banks in the tier-1 category have seen price declines in the stock market as a result of a persistently negative sentiment on the tickers. To some analysts, banks are between the devil and the blue red sea over rising interest rate.

Equities market capitalisation of the Nigerian Exchange (NGX) jumped by about N18 billion on Thursday as investors took positions in GTCO, Transcorp and Oando

Guaranty Trust Holdings Company (GTCO) Plc, the top tier-1 financial institution in Nigeria, has disclosed plans to raise N525 billion

The Nigerian Exchange (NGX) equities market capitalisation lost about N239 billion at the beginning of the week

The share price of Guaranty Trust Holding Company (GTCO) Plc accelerated by 18% over …