Nairobi, Jan. 29 -- Kenya Airways (KQ) share price has rallied 69.7 percent in eight trading days amid reportsof ongoing talks with a strategic investor.

The national carrier's stock closed at Sh5.50 per share on Tuesday, up 9.56 per cent from Sh5.02 on Monday, extending gains since January 15, when it closed at Sh3.24. The eight-day rally has generated paper gains of Sh13.1 billion for shareholders.

The national carrier was the top gainer in Tuesday's trading on the Nairobi Securities Exchange (NSE).

The gains reflect how the potential capital injection from a new strategic investor lifted market sentiment and boosted confidence in the company.

A Middle Eastern airline and a Singapore-based firm were reportedly interested in investin...