Local firms pile into Co-op Bank shares as individual investors sell

co-op-bank

Co-operative Bank along Moi Avenue in Nairobi on January 25, 2023. 

Photo credit: Lucy Wanjiru | NMG

Local firms have increased their holdings in Co-operative Bank of Kenya by 98.97 million shares currently valued at Sh3.75 billion since the start of 2025 as individual investors made profit-taking trades amid a rally in the stock.

Shareholding disclosures show that local firms, including Saccos held 4.88 billion Co-op Bank shares in July this year, up from 4.78 billion at the end of December 2024.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.