ALERT: 0.78% of GUARANTY's Outstanding Shares Traded on NSE Today

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Monday, March 29, 2021 / 04:49 PM / by Proshare Research / Header Image Credit: Bloomberg


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At the close of trading today, a total volume of 230.37mln units of shares of Guaranty Trust Bank Plc valued at N7.39bn were traded. 

 

This represents 44.12% of the total market volumes of 522.17mln while the value of GUARANTY shares traded represents 69.35% of the total market value traded which was put at N7.39bn.

 

Furthermore, the volume traded represents 0.78% of GUARANTY's total shares outstanding put at 29.43bn shares while the value of the shares traded also represents 0.76% of GUARANTY market capitalization of N968.29bn as of March 29, 2021. 

 

A comparison of GUARANTY today's volume traded with the previous day's traded volume revealed that it increased by 1064%.

 

The share price of  GUARANTY moved up by a tick size of +4.28% to close at N32.90k at the close of trading today.

 

Year-to-date, GUARANTY shares have moved up by +1.70% as against -1.93% YTD return recorded by the NSEASI, outperforming the broad market index by 3.63%.

 

Details on this huge volume trading remains sketchy as at the time of filing this report. However, the trading transaction may represent attempts by some market stakeholders and speculators to increase their stake in the bank considering the impressive FY 2020 Audited Results recently released by the bank.

 

Chart: 8 Days Share Price Movement and Volume Traded

Proshare Nigeria Pvt. Ltd.

Source: NSE, Proshare Research

 

 

Table: 8 Days Share Price Movement and Volume Traded

Date

Price (Naira)

Volume

29-Mar-21

32.9

23,0371,294

26-Mar-21

31.55

19,793,878

25-Mar-21

31.15

19,275,983

04-Mar-21

31

72,619,765

03-Mar-21

31.05

26,829,442

22-Mar-21

31

36,128,864

19-Mar-21

31

39,385,554

18-Mar-21

29.8

122,177,309

Source: NSE, Proshare Research


Proshare Nigeria Pvt. Ltd.



Previous Alerts

1.       ALERT: 8.56% of UNITYBNK's Outstanding Shares Traded on NSE Today

2.      ALERT: 0.78% of MANSARD's Outstanding Shares Traded on NSE Today

3.      ALERT: 0.52% of UNIVINSURE's Outstanding Shares Traded on NSE Today

4.      ALERT: 1% of WEMABANK's Outstanding Shares Traded on NSE Today

5.      ALERT: 0.79% of WEMABANK's Outstanding Shares Traded on NSE Today

6.      ALERT: 15.93% of OMOMORBNK's Outstanding Shares Traded on NSE Today

7.      ALERT: 1.05% of TRANSCORP's Outstanding Shares Traded on NSE Today

8.     ALERT: 24.33% of CHAMPION's Outstanding Shares Traded on NSE Today

9.      ALERT: 1.41% of JAIZBANK's Outstanding Shares Traded on NSE Today

10.  ALERT: 1.97% of MULTIVERSE's Outstanding Shares Traded on NSE Today

11.   ALERT: 45.90% of UAC-PROP's Outstanding Shares Traded on NSE Today

12.  ALERT: 21.88% of Total Market Volume Traded on OMOMORBNK Shares Today

13.  ALERT: 33.89% of Total Market Volume Traded on ZENITHBANK Shares Today

14.  ALERT: 28.78% of Total Market Volume Traded on ZENITHBANK Shares Today

15.  ALERT: 88.26% of Total Market Volume Traded on UAC-PROP Shares Today

16.  ALERT: 24.64% of Total Market Volume Traded on UACN Shares Today

17.   ALERT: 44.52% of Total Market Volume Traded on UACN Shares Today

18.  ALERT: 37.75% of Total Market Volume Traded on TRANSCORP Shares Today

19.  ALERT: 20.95% of Total Market Volume Traded on WAPIC Shares Today

 


Proshare Nigeria Pvt. Ltd. 



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1.  GUARANTY to Hold 31st AGM on April 9, 2021; Lists Proxies

2. GUARANTY Declares N201bn PAT in 2020 Audited Results, Proposes N2.70k Final Dividend; (SP:N29.80k)

3.  GUARANTY Notifies of Board Meeting Date and Commencement of Closed Period

4.  ACCESS, GUARANTY Are Incoming as NSE Reveals Results of Full Year 2020 Market Indices Review

5.  GUARANTY Declares N142bn PAT in Q3 2020 Unaudited Results, (SP:N37.00k)

6.  GUARANTY Notifies of Court Ordered Meeting Date

7.  GUARANTY Announces the Retirement of Mr. Babatunde Soyoye as Non-Executive Director

8.  Fitch Affirms Guaranty Trust Bank at 'B'; off RWN; Outlook Stable

9.  GUARANTY Notifies of Dealing in 0.004m Volume of Shares By Oyiza Salu

10.  GUARANTY Notifies of Board Meeting Date and Commencement of Closed Period


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