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PesaPortfolio – 20 July 2012

Below is the value of the PesaPortfolio at the close of trading on the 19th July 2012: The PesaPortfolio at the end of trading on Thursday 19th July 2012 At the close of trading yesterday, our PesaPortfolio had lost KES 1,432.50 to stand at…
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Stocks Watch

At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: Athi River Mining – The CEO of Kenya’s second largest cement firm has emerged with an 18 percent stake in the company worth 3.5 billion shillings after a re-distribution of…
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Closing Bell – 19 July 2012

At today’s NSE trading, the NSE 20-Share Index closed up 1 percent at 3,825.93 points up from 3,788.52 points yesterday while the NSE All-Share Index also closed up today gaining 0.30 percent to close at 82.26 points from 82.50 points yesterday. Source: FILE HIGHEST VOLUMES…
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Forex Trail – 19 July 2012

Below is a summary of the Kenya Shilling’s performance against major foreign currencies so far this week: Source: CBK Data from the Central Bank of Kenya indicates that this week has been stable for the Kenya Shilling, which has shown stable exchange rates…
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PesaPortfolio – 19 July 2012

Below is the value of the PesaPortfolio at the close of trading on Wednesday 18th July 2012: The PesaPortfolio at the end of trading on 18th July 2012 At the close of trading yesterday, our PesaPortfolio had gained KES 1,332.50 to stand at KES…
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Stocks Watch

At today’s NSE trading, we will be closely observing the following share counters: CIC Insurance Group – In their debut at the NSE yesterday, CIC Insurance Group shares closed 50 percent higher at KES 5.25 up from the list price of KES 3.50 also emerging the second most traded…
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Closing Bell – 18 July 2012

At today’s NSE trading, the NSE 20-Share Index closed up 0.28 percent at 3,788.52 points from 3,778.10 points yesterday while the NSE All-Share Index also closed up today gaining 0.94 percent to 82.50 points from 81.73 points yesterday. HIGHEST VOLUMES Safaricom…
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Interest on 182 Day T-Bill Could Climb Fifth Week Today

If the trend in rising interest rates on the Central Bank of Kenya’s 182 Day Government Treasury Bill in recent weeks is anything to go by, today’s auction of the Treasury securities could see them offer their highest interest in five weeks. For…
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Could Diamond Trust Bank Share Face KQ Fate in Rights Issue?

With a rights issue underway, Diamond Trust Bank (DTB) shares could be seeing the start of a strong downward trend similar to what happened to Kenya Airways stock in March this year when the national carrier commenced its own rights issue. On the…
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CIC Trades 25% of Its Shares

CIC Insurance is set to list over 2 billion shares at the NSE today. The float will be traded at a listing price of Ksh3.50. The company is listing by introduction in a bid to offload some of its shares. Only 25.7% of the shares will be available…
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