Live: Zenith Bank Tracking Higher in Equities Market
Zenith Bank iPlc shares continue to gain investors’ attention in the equities market. The financial services company’s sshare price surged during early trading hours due to demand by alpha seekers trading highs and lows.
With more than 15 million shares volume valued at N761 million, its share price has surged near N50. This is fairly distant from its 52-week high of N51.45 in the equities market, as the market anticipated the release of its fourth quarter earnings and audited report for 2024.
Zenith Bank has seen a huge gain on the back of significant earnings growth. And its positive market fundamentals have caused its latest market re-rating.
Still, some analysts believe that the bank’s stock has strong potential upside due to its attractive valuation. Most Nigerian banks valuations are noted to be below their emerging market peers. #Live: Zenith Bank Tracking Higher in Equities Market Oyo Signs Contract Agreement on 68km Rural Road Projects
