KQ shares touch one year high with 36 percent gain in 10 days

Kenya Airways shares have gained 36 percent in ten days at the Nairobi Securities Exchange (NSE). An analysis by Bizna Kenya has shown that the Kenya Airways have been on an upward trajectory that started on March 30, 2026.

At the end of trading on March 30, the KQ counter closed at an average price of Sh4.74 per share from a traded volume of just 119,000 shares. A day later, the counter inched upwards to Sh4.91 per share with a traded volume of about 182,000 shares.

The counter closed the Sh5 per share on April 1 and has gone on to touch the Sh6 mark. As at the end of trading on April 8, 2026, Kenya Airways shares ended trading at an average price of Sh6.44 per share, representing a gain of 35.86 percent from the closing price of Sh4.74 as of March 30.

These shares also touched a high of Sh6.56 per share and a low of Sh6.02 per share during the day’s intra-trading session which saw a traded volume of 2.81 million shares.

The day’s high of Sh6.56 per share marked the highest price that the counter has traded at over the last one year.

The analysis by Bizna Kenya shows that the KQ shares have a one year low of Sh1.56 per share and a high of Sh6.56 per share.

READ MORE: Are inexperienced investors copying Ndindi Nyoro when buying shares?

The KQ counter has attracted increased interest from investors following revelations that the government is exploring a potential sale of the national carrier to foreign investors.

In February 2026, the Cabinet Secretary for the National Treasury John Mbadi announced that President William Ruto and his government had decided to sell off Kenya Airways.

According to the Cabinet Secretary, the government will hand over the national carrier to foreigners who will pump in between Sh154.8 billion and Sh258 billion.

Mbadi claimed that the government will float an international expression of interest (EOI) in a bid to get an investor.

“The new investor is expected to inject a minimum of Sh154.8 billion and up to Sh258 billion into the business. We shall be rolling out an international expression of interest to search for a strategic partner,” said CS Mbadi. The CS, however, did not announce when this bid will be opened.

“The government took up Sh63.1 billion which it is now servicing. The government then signed an on-lent agreement with KQ. This amount can be converted to equity once we firm up the onboarding of a strategic investor.”

At the same time, the entry into the list of shareholders by stockbroker and Kiharu Member of Parliament Ndindi Nyoro has also piqued the interest of some local investors who consider him a voice on stocks.

According to regulatory filings for the month of February 2026, Nyoro had acquired 10,396,251 shares. Nyoro is now the second-largest individual shareholder at Kenya Airways. He is also the seventh largest shareholder at Kenya Airways.