Kenya: BBK Market Value Rises By 4 Billion After Split

Barclays Bank of Kenya's market value rose by Sh4.6 billion to Sh96.9 billion following the split of its shares, stretching the firm's lead as the most valuable lender at the stock exchange.

Barclays effected a four-for-one share split on Monday, as management of the firm sought to spur trading on the counter by bringing its market price to a level comparable to its peers at the Nairobi Stock Exchange.

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