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Banking stocks drive financial sector to N9.49tn market value

The financial services sector on the Nigerian Exchange closed with a total market capitalisation of N9.49tn, driven by performances from banking stocks, particularly Guaranty Trust Holding Company Plc, Zenith Bank Plc, and Access Holdings Plc. Guaranty Trust Holding Company Plc emerged as the most valuable financial institution, with a market capitalisation of N2.07tn, trading at Read More



Banking stocks propelled the Nigerian Exchange's financial sector to a N9.49tn market capitalization. Guaranty Trust Holding Company Plc led with N2.07tn, followed by Zenith Bank Plc (N1.96tn) and Access Holdings Plc (N1.24tn). Other key players included United Bank for Africa Plc, First Bank Holdings Plc, and Fidelity Bank Plc. Ecobank Transnational Incorporated, Sterling Financial Holdings Company Plc, Jaiz Bank Plc, Wema Bank Plc and Unity Bank Plc also contributed to the sector's value.

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