The share price of Standard Chartered Bank Kenya rose to touch a record high of Sh300 on Friday, buoyed by a strong earnings momentum and its policy of distributing excess capital as dividends to shareholders.
The bank’s share price had closed at Sh285.25 on Thursday before gaining 2.1 percent on Friday when it traded at an average of Sh291.25, taking its 52-week gain to 77 percent. It had reached highs of Sh300 in the trading session.
