Closing Bell: Olympia Capital Holdings Ltd Top Gainer as Atlas Development and Support Services Ltd Declines
Olympia Capital Holdings Ltd Top Gainer as Atlas Development and Support Services Ltd Declines Olympia Capital Holdings Ltd (OCH) was the top gainer of the day. It gained 8.89% to close at KES 4.90 which was a KES 0.40 gain in share price. Atlas Development and Support Services Ltd (ADSS)…
Closing Bell: Kenya Electricity Generating (Kengen) Company Ltd Top Gainer as Atlas Development and Support Services Ltd Declines
Kenya Electricity Generating (Kengen) Company Ltd Top Gainer as Atlas Development and Support Services Ltd Declines Kenya Electricity Generating (Kengen) Company Ltd (KEGN) was the top gainer of the day. It gained 12.05% to close at KES 9.30 which was a KES 1.00 gain in share price. Atlas Development and…
KenGen ups dividend payout as profit jumps threefold to Sh11.5bn
KenGen ups dividend payout as profit jumps threefold to Sh11.5bn Kenya Electricity Generating Company (KenGen) has raised its dividend payout by 62.5 per cent after recording a threefold jump in net profit in the year ended June, powered by increased sales and a tax credit. KenGen’s…
Closing Bell: Olympia Capital Holdings Ltd Top Gainer as Jubilee Holdings Limited Declines
Olympia Capital Holdings Ltd Top Gainer as Jubilee Holdings Limited Declines Olympia Capital Holdings Ltd (OCH) was the top gainer of the day. It gained 3.33% to close at KES 4.65 which was a KES 0.15 gain in share price. Jubilee Holdings Limited (JUB) was the top loser of the…
Investors lose Sh300bn in NSE’s ten-month bear run
Investors lose Sh300bn in NSE’s ten-month bear run Investors in firms listed on the Nairobi Securities Exchange (NSE) have lost Sh300 billion since the beginning of the year following a slump that has seen the main index drop to a three-year low. The NSE 20 share…
KQ has drawn down half of its Sh20bn Afrexim bank loan
KQ has drawn down half of its Sh20bn Afrexim bank loan Loss-making Kenya Airways has drawn down half of a Sh20 billion ($200 million) bridging loan from Afrexim bank and expects the next tranche in two weeks, its chief executive said on Friday. Mbuvi Ngunze told…
Closing Bell: Express Kenya Limited Top Gainer as Liberty Kenya Holdings Limited Declines
Express Kenya Limited Top Gainer as Liberty Kenya Holdings Limited Declines Express Kenya Limited (XPRS) was the top gainer of the day. It gained 8.33% to close at KES 4.55 which was a KES 0.35 gain in share price. Liberty Kenya Holdings Limited (CFCI) was the top loser of the…
Weak shilling lifts central bank’s profit to Sh48bn
Weak shilling lifts central bank’s profit to Sh48bn CBK made a Sh7.3 billion profit from ordinary operations compared to the Sh751 million loss it reported last year. A weak shilling also boosted the CBK’s operating profits mainly arising from forex gains made from sale of dollars…
Closing Bell: Liberty Kenya Holdings Limited Top Gainer as Bamburi Cement Limited Declines
Liberty Kenya Holdings Limited Top Gainer as Bamburi Cement Limited Declines Liberty Kenya Holdings Limited (CFCI) was the top gainer of the day. It gained 10% to close at KES 22.00 which was a KES 2.00 gain in share price. Bamburi Cement Limited (BAMB) was the top loser of the…
KQ pilots lose bid to stop sale of planes
KQ pilots lose bid to stop sale of planes National carrier Kenya Airways (KQ) has won a court battle to sell part of its fleet despite protests from pilots who fear the disposal could render them jobless. High Court judge Monicah Mbaru has…
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