The share price of Kenya Airways (KQ) has doubled in eight days after the lifting of its trading suspension, handing shareholders a gain of Sh21.4 billion in the wealth they hold in the company.
The airline’s share returned to trading at the Nairobi Securities Exchange (NSE) on January 6 at the pre-suspension price of Sh3.83 a share. It has been one of the daily top gainers in the period since then, closing at Sh7.60 per unit on Wednesday.
