An unusual volume of Jaiz Bank Plc share was traded at the early hours of trading on Tuesday. The trading occurred in less than ten minutes into trading on the floor of the Nigerian Stock Exchange.
The transaction occurred in tranches of 30 million units, 27 million units, 50 million units, 90 million units, 90, and 13 million units at a price of N0.73 per share.
Source: Mytradebook Live market
At the time of this report, Jaiz Bank is the most traded stock by volume as 300,157,616 units of shares valued at N219,111,811.20 exchanged hands in just 15 deals. It is followed by TRANSCORP and ZENITHBANK with 10,275,974 units and 6,943,336 units respectively.
Jaiz Bank equity price is up by 4.29% to N0.73 per share.
YTD the share price is by 12.9%.
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In the first nine months of the year, the bank grew it revenue to N9.7 billion from N7.7 billion it reported in the same period in 2019. Similarly, the profit after taxation rose to N1.85 billion from 1.25 billion in 2019. The earnings per share for the period stood at 6.3 kobo.
By; Ifunanya Ikueze
