Abacus Wealth Management

KCB Dominates at the NSE

The KCB share was the most active in yesterday’s trading session at the Nairobi Securities Exchange with 4.017 million shares traded in 103 bids.

The counter dominated trading at the market, accounting for 37% of the 10.86 million shares traded and 56.5% of the total equity turnover in yesterday’s trading with KES 92.4 million. Sources reveal that foreign investors were the main buyers of the share yesterday.

The share price remained the same at KES 23, similar to the previous day’s closing price.

A look at the snapshot below shows that the share has risen steadily over the last 6 months to peak at KES 23. This is 11.54% and KES 3 shy of its 52 week high of KES 26.

Source: Bloomberg
Exit mobile version