Flame Tree Group’s stocks edge up 3% to close week as NSE top gainer

Extension of suspension from trading KQ shares to stay for further 9 months

Flame Tree Group Holding stocks edged up Friday to emerge among top gainers on the Nairobi Security Exchange (NSE) when it traded Ksh.1.24 per share.

It was trailed by Eveready East Africa whose stocks surged by two point three five percent to trade eighty seven cents per share.

Centum Investment stocks went up by  two percent to trade Ksh.12.25 per share with Kenya Power and Lightning Company coming fourth among top gainers when it traded Ksh.1.53 per share.

NCBA Group finished the day when it’s stocks gained by two points to trade Ksh.25.9 per share.

Top losers

On the losing end, East Africa Portland Cement stocks crushed by 8.12 percent. It was followed by Car and General Limited whose stocks went down by 6.6 percent to trade at Ksh.70 per share.

Home Africa also finished the day when its stocks plummeted to trade at Ksh.0.34 per share. Olympia Capital Holdings also saw its stocks shade by 4.93 percent to trade Ksh.2.12 per share.

Last among the losing stocks was Stanbic Holdings which lost 12.16 percent of its stock to trade Ksh.102.

Top Movers.

However, KCB Group emerged as the day’s top mover when it moved over 2.4 million shares. It was trailed by Standard Chartered Bank Kenya at over 2.3 million share.

Equity Group was third placed among top movers when it moved over 1.3 million shares. It was followed by Safaricom which moved 1.1 million shares.

Last among top movers was Kenya Power and Lightning Company which moved three hundred and fifty eight thousand eight hundred shares.

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Lawrence Baraza is a prolific writer with competencies in Digital Media, Print, and Broadcast. Baraza is also a Communication Practitioner currently spearheading Digital content on Metropol TV's Digital Desk.

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