Zenith Bank Trends Negative on NGX

Zenith Bank Trends Negative on NGX

Zenith Bank Plc share price is on decline early in the morning on the Nigerian Exchange (NGX) after sell pressures roughened its market performance yesterday.

More than 12.56 million shares of Ajose Adeogun headquartered financial services company exchanged hands in the local bourse yesterday, causing its price to slip by 5 kobo.

Though Zenith Bank Plc opened at N35.85 on Tuesday, early exit trades by stock traders have plunged its market price lower to N35.4 at the time of writing.

Data from the Nigerian Exchange shows the bank had peaked at N36 per share in the last seven trading sessions.

Volume of shares transacted on the bank has also been strong over the period, with more than 74 million shares exchanged hands in June 11. FBN Holdings Trades Positive after Huge Volume Trade