KCB stock plunges to new 52-week low after profit fall

KCB Bank

KCB Kipande branch in Nairobi.

Photo credit: File | Nation Media Group

Listed tier-one lender KCB’s share price fell 6.5 percent on Thursday to a new 52-week low as investors reacted to its performance in the half-year that ended June after it reported lower earnings.

The lender’s stock closed at Sh25.15, moving 715,600 shares in Thursday’s trading session.

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