Abacus Wealth Management

Kapchorua Loses 3 Shillings in Trading

The share of Kapchorua Tea shed 2.04% in yesterday’s trading session at the Nairobi Securities Exchange to close at KES 144 from the previous day’s close of KES 147.

The share price dropped by KES 3 in yesterday’s trading with 300 shares exchanging hands in the day. The share remained at the KES 144 level in the day’s trading. The share is now KES 4 shy of the one year high and KES 42 off the all time high of KES 186.

The share seems to have flattened out in the last two weeks after peaking at the KES 148 level. Below is a snapshot illustrating these movements:

Source: Bloomberg
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