Thursday, 2 June 2011

Shares in Kenya's Uchumi fall on relisting

NAIROBI, May 31(Reuters) -
Shares in Kenyan retailer Uchumi fell to a low of 10.80 shillings from 15.90 shillings
at the open after relisting on the Nairobi Stock Exchange on

At 0648 GMT, the retailer's share price traded at 11.20
shillings, down 22.8 percent from its closing price of 14.50
shillings on May 31, 2006 when the company was suspended from
the bourse because of its high debt levels.
(Editing by Richard Lough)

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