How First HoldCo hits record N87.25 as market value crosses N3.8 trillion
•By admin•Research Signal
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Shares of First HoldCo Plc climbed to an all-time high of N87.25 during trading on the Nigerian Exchange (NGX) last week Thursday, pushing the financial services group’s market capitalization above N3.8 trillion for the first time in its history.
The rally cements First HoldCo’s position as one of the Nigerian Exchange’s best-performing banking stocks this year, extending a remarkable run that has seen investors continue to accumulate the stock despite broader market volatility.
At N87.25 per share, the company’s market capitalization now stands at approximately N3.83 trillion, making it one of the largest financial institutions by market value on the Nigerian Exchange.