Markets

Equity Group, Absa Among Top Gainers in Past week

Equity Group’s stock surged by 1.3% for the past week, making it second among the top gainers on the Nairobi Securities Exchange (NSE).

On a month-to-month basis, Equity’s stocks have edged up by 4% on the bourse.

Equity underperformed the Kenya banks industry which returned -13.8% over the past year.

It is currently trading at Ksh.37.95 per share, with a Ksh.143.2 billion market cap.

Bank of Kigali’s Stock

Top on the list is the Bank of Kigali (BKG), whose stocks edged up 4.2% with month-to-month gain standing at 3.4%.

Also Read: Rwandan Bank Stocks Up 1.4% After Crossing to NSE20 Index

Absa Bank Kenya and Safaricom have had their stocks surge by 0.4%.

Even though it fell short of best-performing stocks in the week ending February 16, Co-operative Bank of Kenya’s stocks skyrocketed by 6.6% on a month-to-month basis.

This makes the bank the top performer on the bourse since the start of the year.

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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