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Kenya Airways shares continue upward trajectory

Shares in Kenya Airways gained 5.5% in trading yesterday, on top of the 4.3% gains made on Monday. The carrier plans to conduct an IPO of subsidiary Precision Air in Apr-2011 and announced plans to conduct a capital raising.

Kuwait National Airways fell 5.5%, sending the shares near to a 52-week low.

Selected MEAAD daily share price movements (% change): 15-Mar-2011