Kenya: KCB Market Value At NSE Surpasses $1 Billion Mark

The value of KCB at the Nairobi Stock Exchange reached a milestone this week surpassing the $1billion level in market capitalisation indicating the continued gain in stature of the bourse's blue chip firms.

The KCB shares traded at an average of Sh33.50 on Tuesday, taking the bank's market capitalisation to approximately Sh65billion (just over US$ billion). It becomes only the fifth listed company in Kenya to reach that landmark.

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