NSE | AIB Axys December 2024 Stock Recommendations

On a monthly perspective, the market indices recorded a downward trend with the Nairobi All Share Index decreasing by 5.2% m/m.
On a monthly perspective, the market indices recorded a downward trend with the Nairobi All Share Index decreasing by 5.2% m/m.
Diamond Trust Bank demonstrated resilient financial performance in the first nine months of 2024, delivering a 12.6% y/y increase in net earnings to KES 7.44Bn.
NCBA Group clocked below in-house expectations over the first nine months of 2024 recording a mild 3.1% y/y growth in net earnings to KES 15.10Bn.
KCB Group reported an impressive 49.0% y/y surge in net earnings to KES 45.76Bn over the first nine months of 2024.
I&M Group posted an impressive 21.3% y/y growth in net earnings, reaching KES 9.95Bn for the first nine months of 2024.
ABSA Bank reported a robust 19.8% y/y growth in net earnings to KES 14.75Bn over the first three quarters of 2024.