The book rubbishes the two methods that have for long been trusted by financial analysts as ways of predicting stock price movements in favour of Efficient Market Hypothesis. His argument being stock prices already reflect the information financial analysts labour to collect and analyse.
Simply put - all that analysis is futile. Or is it?
The securities exchange closed at 4014 yesterday, a slight decrease from the Tuesday’s year high. Our focus today shall be on Kenya Airways, Uchumi Supermarket and Sasini Group. A summary of yesterday’s trading activities can be found here. COUNTERS Kenya Airways – The share…
The performance of the Nairobi Securities Exchange was lower today despite having gone over the 4000 points mark. The NSE 20 Share Index performance was down 18.38 points to close at 4014.03 while the All-Share Index performance was up 0.48 points to close at 88.50 HIGHEST…
Scandal surrounding CMC started when long-serving CEO Andy Forster was ousted by the board on alleged nonperformance in March 2011. Six months later, CMC would be on its third board chairman, attracting the attention of government regulators to sort out the fiasco involving boardroom cliques fraud and corruption allegations.
The securities exchange finally crossed the 4000 mark 2 days ago and has thus far kept on gaining. Today we shall be keeping our eyes on Standard Chartered Bank rights, Uchumi Supermarket and Transcentury Limited. A summary of yesterday’s trading activities can be found here. COUNTERS Transcentury Ltd – The…
The performance of the Nairobi Securities Exchange was the best the year has seen yet. The NSE 20 Share Index performance was up 2.92 points to close at 4032.41. The All-Share Index performance was also up 0.13 points to close at 88.02 HIGHEST VOLUMES…
The securities exchange finally crossed the 4000 mark yesterday marking the best performance the bourse has seen this year. Today we shall be keeping our eyes in City Trust, Uchumi Supermarket and A summary of yesterday’s trading activities can be found here. COUNTERS…
The performance of the Nairobi Securities Exchange was better today having crossed the 4000 mark. The NSE 20 Share Index performance was up 34.47 points to close at 4029.50. The All-Share Index performance was also up 0.18 points to close at 87.89…
According to the Business Daily India’s Bharti Airtel must sell 15 per cent of its stake in Airtel Kenya to a local to avoid getting into trouble with the regulators. The mandatory share sale is to bring the firm in full compliance with ownership regulations…
The performance of the Nairobi Securities Exchange was better today. The NSE 20 Share Index performance was down 1.97 points to close at 3995.03 points. The All-Share Index performance was also down having lost 0.14 points to close at 87.71 HIGHEST VOLUMES Access Kenya was the highest traded…