Stocks Watch
Here are the shares we will be closely watching in today’s trading at the Nairobi Securities Exchange: British American Tobacco – Shares in the cigarette maker closed yesterday at their highest price in at least five years according to data from Bloomberg. They closed at…
Closing Bell – 8 August 2012
INDICES The NSE 20 Share Index today dropped by 0.34 points to settle at 3,815.10 points from 3,815.44 points yesterday while the All Share Index gained 0.22 percent to 83.64 points from 83.46 points yesterday. HIGHEST VOLUMES Equity Bank…
Nation Media Businesses Post Financial Growth
The majority of Nation Media Group’s business divisions have posted financial growth in the six months to June this year as noted in the media conglomerate’s half-year financial results announced during an investor briefing held this afternoon. Nation’s official unaudited statements show that the…
Scangroup Half-Year Earnings Grow as Share Trades High
Africa’s leading marketing services group has posted an 11 percent growth in pre-tax profit for the first six months of this year to 578.4 million shillings up from 520.9 million shillings last year as the group’s shares trade in their highest range since 2010. According…
Stocks Watch
In today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: ScanGroup – The advertising group has announced its 2012 half year results. Pre-tax profit has gained 11 percent to 578.4 million shillings from 520.9 million shillings in the same…
Closing Bell – 7 August 2012
INDICES The NSE 20 Share Index today dropped 0.39 percent to 3,815.44 points from 3,830.24 points yesterday while the All Share Index gained 0.23 percent to 83.46 points from 83.27 points yesterday. HIGHEST VOLUMES Safaricom was the most traded…
CMA Report Reveals Allegations on CMC Directors
A report released by the Capital Markets Authority (CMA) yesterday has revealed the extent of the allegations by the regulator against former directors of CMC Holdings Ltd, the publicly listed motor dealer. In the report prepared by the Board of the CMA,…
Stocks Watch
In today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: Barclays Bank – The bank is expected to announce its half-year financial results today. These are highly anticipated as Barclays is one of the top banks in Kenya according…
Closing Bell – 6 August 2012
INDICES After declining for five consecutive days, the NSE 20 Share Index today gained 0.13 percent to close at 3,830.24 points from 3,825.08 points on Friday last week. Meanwhile the All Share Index gained 0.35 percent to close at 83.27 points from 82.98 points at the…
Is Kenya Ready for Online Trading?
Amidst pressure to embrace technology and make their ways more modern; is the country really ready for online stock trading?
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