Equity market in mixed performance

Kenyan banking shares and those of East African Breweries Ltd (EABL) fell on Thursday, ending five days of gains on the bourse. Shares in EABL, the region’s biggest brewer, fell 1.3 per cent to Sh309 on profit-taking before the release of its full-year results, traders said.

KCB Bank Group, the largest bank in Kenya by assets, fell 0.52 per cent to Sh55.00, largely because the value of the stock was diluted when additional shares were listed under the company’s Employee Share Ownership Programme.