KQ, Mumias, Uchumi shares hit fresh lows on losses

Kenya Airways (KQ), Mumias Sugar and Uchumi have joined the list of firms trading below fare value at the Nairobi Securities Exchange as their financial woes take a toll on valuations at the bourse.

There are now six firms trading under-par at the exchange compared to three a year ago. The three join Sameer Africa, Express Kenya and Olympia Capital on the list.