Ericsson wrote:KCB is the country's biggest bank by assets and profitability.
Business daily are avoiding stating profitability
“ KCB on Wednesday closed trading with a market value of Sh133.6 billion, trailing Equity’s Sh135.4 billion by just Sh1.8 billion as the convergence in their paper value intensified.
On April 8, 2018, Equity had a lead of Sh40 billion as its market capitalisation stood at Sh205.6 billion compared to KCB’s Sh165.5 billion.”
Sensationalist reporting, It should read “ Equity market cap falls significantly” or “KCB holds better value in bear market”
Because technically KCB hasn’t “risen” in the traditional way of things