Internet Trading of Kenyan Shares to Fully Implement from December
Trading of shares at the Nairobi Securities Exchange (NSE) via the internet will being implementation by most Kenyan stock brokers starting December this year following an initiative by the East African Securities Exchanges Association (EASA) to automate the entire process of transacting securities in East African markets.
Closing Bell – 24 July 2012
At today’s NSE trading, the NSE 20-Share Index reached a new one –year high closing up 0.03 percent at 3,845.93 points up from 3,844.61 points last week while the NSE All-Share Index closed with no change at 83.85 points similar to yesterday. HIGHEST VOLUMES…
PesaPortfolio – 24 July 2012
Below is the value of the PesaPortfolio at the close of trading yesterday: The PesaPortfolio at the end of trading yesterday By the close of trading yesterday, our PesaPortfolio had gained KES 552.50 to stand at KES 94,980.00 up from KES 94,457.50 at the close…
Stocks Watch
At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: NIC Bank – Last week the bank received a green light from the Capital Markets Authority (CMA) to conduct a rights issue scheduled to begin in August this year…
Safaricom & KCB Shares Thrive on the NSE’s Good Run
The share counters of industry leaders Safaricom and Kenya Commercial Bank (KCB) last week showed sharp gains in performance at the Nairobi Securities Exchange, thriving in the wake of more interest and investment in blue-chip counters in the Kenyan stock market. Last…
PesaPortfolio – 23 July 2012
Below is the value of the PesaPortfolio at the close of trading on Friday 20th July 2012: The PesaPortfolio at the end of trading on Friday 20th July 2012 At the close of trading on Friday, our PesaPortfolio had gained KES 122.50 to stand…
Stocks Watch
In today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: KenolKobil – Shares in the petroleum marketer gained for a third day on Friday, closing up 30 percent at KES 15.95 from KES 15.65 on Thursday. Puma Energy, a…
Closing Bell – 20 July 2012
At today’s NSE trading, the NSE 20-Share Index closed up 0.38 percent at 3,840.36 points up from 3,825.93 points yesterday while the NSE All-Share Index closed up 0.34 percent gaining 0.28 points to close at 83.54 points from 83.26 points yesterday. Source: FILE HIGHEST VOLUMES For a…
NIC Rights Issue Gets the Green Light
NIC Bank has received approval from the Capital Markets Authority to carry out a rights issue agreed on by the bank during its fifty second Annual General Meeting (AGM) held in May this year. Read more on the AGM here. Remarking on…
City Council to Bust Land Tax Defaulters
Land owners may be in for a rude awakening as the City Council of Nairobi moves to crack down on those who fail to pay their taxes. The Council issued its final warning yesterday before handing over its books to the Nairobi County Government. The move, dubbed ‘Operation…
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