Closing Bell – 25 May 2012
Gainers Price Change Crown Berger 29.50 +8.26 Eveready East Africa 1.85 +2.78 Olympia Capital Holdings 3.80 +2.70 AccessKenya Group Limited 4.75 +2.15 Diamond Trust Bank Kenya Limited 102.00 +2.00 Losers Price …
Closing Bell – 24 May 2012
Gainers Price (KES) Change (%) Crown Berger 28.00 7.69 AccessKenya Group 4.80 5.49 Trans-Century Limited 26.00 4.00 Kapchorua Tea Company 124.00 3.33 Eveready East Africa 1.85 2.78 Losers Price (KES) Change (%) Uchumi Supermarkets Limited 17.95 7.24 Safaricom Limited 3.20 5.88 Olympia Holdings Limited 3.70 5.13 NIC Bank 33.75 3.57…
CBK to Auction 182 Day Bills
Today the Central Bank of Kenya (CBK) will auction KES 2 billion worth of 182 day Treasury bills. The auction comes on the same day that the 5 billion shilling bond on offer closes. This comes after last week’s auction of Treasury Bills worth KES 4 billion. Last week…
CBK Closes 5 Year Bond Offer
As we had informed you earlier (see CBK’s 5-Year Bond: Your 5-year Investment) the Central Bank of Kenya (CBK) will today close the offer for sale of a 5 year bond worth KES 3 billion. Bids have been received since the…
The CBK Weekly Bulletin Simplified: Interbank Rate Falls, Yields Fall Further.
The Interbank Rate According to the Central Bank of Kenya’s weekly report the interbank rate, the cost at which commercial banks borrow from one another, decreased to 15.96% during the week ending May 18, 2012 from 16.35% in the previous week. The average number of borrowing…
The Week in Review
NSE Performance Over the course of trading last week, Kenyan shares blasted to a nine-month high on Thursday and Friday as they rose for the sixth straight session to 3,677.81 on Thursday. This could be attributed to investors pouring their funds back into equities largely due to falling inflation and…
Yield on Government Securities Falls despite Weakening Shilling
Yesterday the Central Bank of Kenya (CBK) auctioned 182 day Treasury bills worth KES 2 billion. The CBK received 182 bids worth KES 3.34 billion but only accepted bids worth KES 1.94 billion. The security exhibited a subscription rate of 167%, following the oversubscription trend we have observed at previous…
Weekly Bulletin Simplified: Market Cap Hits KES 1.003 trillion
According to the Central Bank of Kenya’s weekly report the interbank rate, the cost at which commercial banks borrow from one another, increased to 16.35 percent during the week ending May 9, 2012 from 15.74 percent in the previous week. The average number of borrowing and lending deals between the…
CBK's 5-Year Bond: Your 5-year Investment
The CBK is currently offering you the opp to invest in a 5-year fixed coupon bond. Considering the interest rates of late, the bond is worth considering.
Money Inflows From Kenyans in Diaspora Increase
Kenyans in the diaspora remitted over KES 8 billion in the month of March 2012. This is 49% more than the money remitted in March 2011. Indeed, Kenyans abroad seem to be doing quite well.
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