Kenya Airways Share Price Jumps by Ksh 2.50 since Relisting

Kenya Airways’ share price has jumped by 2.50 shillings to an all-time high this year to 15.00 shillings since its relisting at the stock market.

The national carrier has been dominating the top gainers’ table for three days now since Friday as excited investors jostle for its shares due to its ambitious recovery plan.

On Tuesday, Kenya Airways still maintained the top gainers’ position with 9.89 percent at the price of 15.00 shillings per share followed by Uchumi Supermarket with a gain of 9.76 percent at the price of 4.50 shillings per share.

Umeme, TPS Eastern Africa (Serena) and Eveready East Africa gained 9.06, 5.17 and 4.35 percent respectively at the price of 13.85, 30.50 and 2.40 shillings per share respectively.

Home Afrika was the top loser of the day. The company lost 9.68 percent at the price of 1.40 shillings per share. It was followed by Trans-Century with a loss of 8.82 percent at the price of 6.20 shillings per share.

Deacons (East Africa) and Sasini Tea and Coffee lost 8.33 and 6.80 percent respectively at the price of 3.30 and 24.00 shillings per share respectively. Longhorn Kenya closed the top five losers of the day with 5.04 percent at the price of 5.65 shillings per share.

Safaricom Limited was the top mover of the day. This is the same position the telecommunication company held on Monday. The company posted a volume of 6.55 million shares followed by Kenya Commercial Bank with 2.27 million shares.

Equity Group and Home Afrika posted 1.51 and 1.10 million shares respectively while Co-operative Bank of Kenya posted 578,400 shares.