Extract
Kenya Commercial Bank, the country's largest bank by asset, gained 4.7 per cent to 22.25 shillings a share as investor continued to buy after it posted a 54 per cent jump in pre-tax profits to Sh15.1b ($181.4 million).
"At this level, KCB is overpriced and we may see profit taking push it lower to below 20 shillings per share in coming sessions," said George Bodo, an analyst at Apex Africa Capital.