Co-operative Bank Kenya Falls Fourth Day, Hits Six-Week Low
February 08, 2012, 9:46 AM ESTBy Sarah McGregor and Eric Ombok
(Updates with closing share price.)
Feb. 8 (Bloomberg) -- Co-operative Bank of Kenya Ltd., the East African nation’s fifth-biggest lender by market value, declined for a fourth trading day, and closed at its lowest level in six weeks.
The stock dropped 2 percent to 12.15 shillings by the 3 p.m. close in Nairobi, the lowest level since Dec. 29.
--Editors: Peter Branton, Ash Kumar
Eric Ombok in Nairobi at eombok@bloomberg.net
To contact the reporters on this story: Sarah McGregor in Nairobi at smcgregor5@bloomberg.net
To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net
