Kenya Airways stock rallies 70pc on strategic investor reports

 A KQ plane at a parking bay at JKIA.

Photo credit: File I Nation Media Group

Kenya Airways (KQ) share price has rallied 69.7 percent in eight trading days amid reports of ongoing talks with a strategic investor.

The national carrier’s stock closed at Sh5.50 per share on Tuesday, up 9.56 per cent from Sh5.02 on Monday, extending gains since January 15, when it closed at Sh3.24. The eight-day rally has generated paper gains of Sh13.1 billion for shareholders.

PAYE Tax Calculator

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