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Standard Chartered Kenya gains after appointing rights advisers

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Standard Chartered Bank Kenya Limited, the country’s fourth-biggest lender, advanced in Nairobi trading after appointing advisers for a rights offer, Bloomberg reported. Shares of the Nairobi-based lender climbed 1.6 per cent to 196 shillings by the 3pm close in the capital, the biggest gain and highest price since August 10. Stanchart, as the lender is... [Read More...]

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