National Bank of Kenya which closed at KES 26.00 yesterday was as at 11.00 am today the top gainer at the NSE, having appreciated  4.81% to trade at KES 27.25. Total Kenya limited was the second appreciating 2.95% from yesterday’s closing price. TPS Serena and Jubilee Insurance have risen by 2.86%…

Kenyan shilling edges down due to demand, shares sag Kenya’s shilling weakened on Tuesday due to demand for dollars, particularly by energy importers, and traders.  At the 1300 GMT close of trade, leading commercial banks posted the shilling at 89.15/25 to the dollar, down from Monday’s close of 88.80/90. In…

Liberty Kenya maintained its position among the top gainers from morning to end the day 6.67% up from yesterday’s closing price. The Insurer formerly known as CFC Life was second only to Kenya Orchards which gained 8.33% to close at KES 48.00. However, only 100 Orchards shares exchanged hands today. 100…

Western countries such as the USA and the UK have issued travel advisories to their citizens warning them against visiting Kenya. The advisories were issued in after the terrorist attacks in Mpeketoni, Lamu. Data from the Kenya National Bureau of Statistics shows that the number of visitors to…

Tea, coffee and horticulture, Kenya’s major foreign exchange earners have performed dismally this year largely because of erratic weather patterns and suppressed external demand which has led to reduced export. According to the Kenya National Bureau of Statistics, tea, the country’s biggest cash crop by volume, decreased by a marginal 0.9…

Just like yesterday morning, CIC Insurance and Centum Investments  are among the top gainers this morning at the NSE. CIC  was the biggest gainer as at 11.50 am, it was  9.73% up at KES 12.40 a share.  Centum had gained 9.09% from yesterday’s closing price to sell at KES 84.00.  The Insurance sector…

Safaricom sounds warning to users of Equity’s thin SIM Telecoms operator Safaricom says it will review its legal commitments to M-Pesa customers who opt to use Equity Bank’s overlay SIM cards, pointing to a new battleground in the mobile money wars involving the two companies. Safaricom’s warning follows a decision…

In the last month KCB bank has promoted its 105% mortgage finance product. The intention has been to increase home ownership within the Kenyan middle class who feature in the advert. Moreover, Shelter Afrique has financed organisations such as Jamii Bora bank and Kenya Medical Association…

As at 11.20 am Centum is the biggest gainer at the NSE. It has hit a high of KES 77.50 a 9.95% gain. CIC insurance, which this August completed its bonus issue of shares has hit a high of KES 11.30, a 9.71% gain. The insurance sector dominates the top four…

Kenya Orchards  ended the day at KES 41.50 as the biggest gainer (9.93%), just as it had been in the morning. Although the number of shares transacted was the minimum possible of 100. Centum which closed at a twelve month high of KES 73.00 was second at 9.77%…