KQ, StanChart dropped from NSE 20 Share index
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Kenya Airways (KQ) and Standard Chartered Bank have been removed as constituent counters of the Nairobi Securities Exchange (NSE) 20 Share Index.
1M | 3M | YTD | 1Y | 2Y |
-3.30% | -3.18% | +18.61% | +2.10% | -12.56% |
Value Traded (Mln KES) 211.69 |
Volume 11,198,800 |
Transactions - |
Market Cap. (Bln KES) 1,620.10 |
Kenya Airways (KQ) and Standard Chartered Bank have been removed as constituent counters of the Nairobi Securities Exchange (NSE) 20 Share Index.
KCB Group is set to acquire a majority stake in the fallen Chase Bank, which will now reopen on Wednesday next week.
CDC Group plc, the UK’s development finance institution, has announced it will take a 10.68 per cent equity stake in the Nairobi-headquartered banking group I&M Holdings (“IMHL”). The investment underlines CDC’s commitment to supporting lending to small and medium sized enterprises (SMEs) in East Africa.
CDC Group Plc is seeking to purchase a 10.68 percent stake in I&M Holdings Ltd. of Kenya through a private share transfer, the lender said.