Prices of nearly all listed banks fell in the five days to last Friday on Parliament’s failure to review the rate cap, with three extending the losses on Monday.
The biggest loser was HF Group #ticker:HFCK whose stock fell 9.15 per cent. The largest commercial banks by market cap and total assets, Equity #ticker:EQTY and KCB Group #ticker:KCB, shaved off 0.56 and five per cent respectively. Only Equity and National Bank #ticker:NBK managed marginal recovery on Monday.
