[COLOR=rgb(0, 0, 0)]KCB shares opened at Shs 41.46 on [COLOR=rgb(0, 0, 0)]October 14 2019 KCB shares closed at Shs 51.75 on [COLOR=rgb(0, 0, 0)]December 11 2019
[COLOR=rgb(0, 0, 0)]Equity Group Shares opened at Kshs 36.10 on [COLOR=rgb(0, 0, 0)]October 11 2019 Equity Group Shares closed at Kshs 51.50 on [COLOR=rgb(0, 0, 0)]December 11 2019
Parliament repealed interest rates caps giving banks leeway to charge higher lending rates while reducing rates on savings, they are guaranteed to make fatter profits hence the rise in share prices.
The million dollar question is this; [COLOR=rgb(243, 121, 52)]should those who missed the first boat when they didn’t buy in October buy now, ndio when the banks start making supernormal profits resulting in share prices rising even higher we can at least gain something? Missing it once is bad, missing it twice is bad bad.