Guaranty Trust Holding Company (GTCO) has recorded a strong mid-market performance in the trading session of July 16, 2025, breaking through the N100 mark.
This achievement makes GTCO the first banking stock under the NGX Banking index to shatter the N100 threshold, with Stanbic IBTC Holdings hovering around N99.
This positive momentum mirrors the broader bullish trend in the banking sector, with the NGX Banking Index already up over 22per cent in July.
It also follows GTCO’s recent dual listing, which saw 2.29 billion ordinary shares admitted to trading on the London Stock Exchange on July 9, 2025, and a subsequent listing of 2.28 billion shares on the Nigerian Exchange the following day.
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