Jaiz Bank Lost 18% as Investors’ Sentiment Deteriorated
Jaiz Bank Plc lost more than 18% of its market value over the last five trading sessions in the Nigerian Exchange (NGX), extending its losses despite a strong rally in the local bourse.
The Islamic lender’s share price has been fluctuating, with increased volatility that plunged its market value southward last week.
Trading data from the Nigerian Exchange revealed that Jaiz Bank’s share price dropped by 10.45% to N10.30 kobo as 31.511 million units valued at N323.415 million.
Trading volume patterns signal heavy offloading by investors, with shares losing value while other financial stocks rallied. The non-interest bank market value is about 49% below its 52-week high.
Jaiz Bank had seen a fast and furious rally after the Islamic lender announced its 2025 earnings. The rally failed to hold as investors rapidly exited their positions. The market value of Jaiz Bank Plc.’s 44. 589 billion outstanding shares declined by 18% to N459.270 billion.
Profit after tax rose by 32% year on year to N31.0 billion in the year ended December 2025, from N23.5 billion a year earlier, according to the bank’s unaudited financial statements. Jaiz Bank Lost 10% as Investors Dump Shares
