Here are the shares we will be closely watching in today’s trading at the Nairobi Securities Exchange:

• Scangroup – Shares in the marketing group closed yesterday at their highest price in just under two years at KES 58 per share. Last week the group announced 11 percent growth in half-year earnings to KES 578.4 million. Read more on this here. We will keep an eye on the counter today to see if it rallies further.

• KCB – The bank’s shares yesterday closed at their highest in four years topping out at KES 24.75 per share. The Capital Markets Authority has approved the listing of an additional 1,594,200 KCB shares of KES 1 each to be issued to the Bank’s Employee Share Ownership Plan according to an official statement. KCB is one of the blue chip shares on the NSE which has rallied this year with the resurgence of the Kenyan stock market. We will keep an eye on the counter today to see if it tops yesterday’s high.

• Nation Media Group – The share closed yesterday at its highest price in almost four years at KES 180 per share. It has been on the rise since the media group posted a 23.4 percent growth in half-year profit to 1.37 billion shillings on Wednesday last week. We will look out for further gains in the share in today’s trading.