KenGen and Kenya Power share prices have retreated from recent highs, ending a rally backed on the expectation of improved earnings and dividend prospects on the counters.
The share price of electricity generating firm KenGen has for instance fallen by 16.3 percent from its recent Sh4.13 high on October 29 to Sh3.46 on Friday last week following the book closure on Thursday for the payment of a Sh0.65 per share dividend.