×
The Standard e-Paper
Fearless, Trusted News
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Kenya’s benchmark index edged higher on Friday, breaking an eight-session losing streak as bank shares rose. The shilling weakened slightly. The benchmark NSE 20 index added 2.77 points or 0.1 per cent to 5,350.30 points, just off its 7-year peak.
“It looks like the profit-taking session has bottomed out,” said Daniel Kuyoh, an analyst at Kingdom Securities. “We expect to see more of these cycles happening in the next three or four weeks as the banks and insurance companies release results,” he said.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join