Shares of Kenya Airways jumped yesterday to Sh4.80 as investors reacted to the news of suspension of a pilots’ strike.
At the close of trading at the Nairobi Securities Exchange where the KQ stock is listed, the firm rose to the highest level since early February – a nine-month high. Intraday trading deals were significantly higher, at one time touching Sh4.95 per share before easing on increased supply from sellers out to make a quick return.