Equity Bank share hits 38-month high

An Equity Bank stand at an international trade fair in Rwanda. file photo | nmg

Equity Bank #ticker:EQTY shares yesterday hit a 38-month high, overtaking East Africa Breweries Limited (EABL) #ticker:EABL as the second most valued firm at the Nairobi bourse.

The bank’s stock closed trading at Sh56, up from Sh54.50 on Monday, pushing its market value to Sh211.3 billion at the Nairobi Securities Exchange. The share is trading at the highest level since February 25, 2015 and has added Sh31 billion to owners over the past month.

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