Housing Finance Hits 16-Month High on Buy Rating: Nairobi Mover
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Housing Finance Ltd., Kenya’s only publicly traded mortgage lender, climbed to the highest level in almost 16 months as AIB Capital Ltd. started coverage on the stock with a buy recommendation.
The shares advanced 2.1 percent to 17.20 shillings by the 3:00 p.m. close in Nairobi, the highest price since Sept. 20,