Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Eveready of Kenya Rises After Falling to Lowest Level Since 2007

Eveready East Africa Ltd., a Kenyan dry-cell battery manufacturer, rose the most in four days after falling to the lowest on record yesterday.

The stock rallied 15 cents, or 6 percent, to 2.65 shillings by 12:10 p.m. in Nairobi.

“People are thinking it went down too much and it was a matter of time before it went up,” Wycliffe Masinde, a research analyst at Nairobi-based Kestrel Capital East Africa Ltd., said in a phone interview.

Eveready’s stock tumbled yesterday to its lowest level since it started trading in 2007 after the company said profit in the 12 months through September is expected to fall on increased global metal prices and rising financing costs because of depreciation in the Kenyan shilling.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.