Private Bonds versus Government Bonds
Anyone can invest in bonds as long as they hold an account with any local commercial bank. The minimum amount needed to invest in a bond is Ksh100,000. Government bonds are debt tools which the government uses to fund budget-related projects. Corporate bonds are controlled by…
Closing Bell – 13 July 2012
INDICES At today’s NSE trading, the NSE All-Share Index closed down 0.7 percent at 81.71 points from 82.29 points yesterday while the NSE 20-Share Index also closed down 0.38 percent at 3,788.64 points from 3,802.96 points yesterday. The day had 6,811,000 shares traded in 1,004 deals.
Forex Trail – 13 July 2012
Today's Kenya Shilling exchange rate against main currencies The shilling has today fallen back to exchange at Ksh 84.03 to the U.S. dollar, after exchanging in the range of 83 shillings since Tuesday this week, latest data from the Central Bank of Kenya shows. Today’s exchange rate…
Understanding a Rights Issue
The term “rights issue” has become synonymous with activity at the Nairobi Securities Exchange in recent months owing to the rights issue by Kenya Airways in April which netted the airline 14.487 billion shillings from a target of 20.68 billion shillings. A rights issue is when…
Stocks Watch
At today’s NSE trading, we will be closely observing the following share counters: Standard Group – The media conglomerate yesterday closed at its highest in almost one year, gaining 8 percent to close at Ksh 27 from Ksh 25 on Wednesday. The share has ranged between Ksh 21…
Investor Demand Pushes Bamburi Shares up 3.5%
Bamburi the region’s leading cement producer closed at Ksh176 on the NSE today. This is Ksh6 more than yesterday. The group was one of the five top gainers on the bourse. Standard Group Limited was first with an 8% increase. Eveready came second with a rise of 6.2%.
Closing Bell – 12 July 2012
INDICES The NSE All-Share Index closed up 0.15 percent at 82.29 points from 82.11 points yesterday while the NSE 20-Share Index also closed up 0.15 percent at 3,802.96 points today from 3,789.33 points yesterday. HIGHEST VOLUMES For a second day…
The Truth about Bonds
A bond is an investment through which a financial institution borrows money from an individual for a specified amount of time at a fixed or floating interest rate. The institution uses the money for various projects and returns it to the investor at a profit. It is similar…
Will You Benefit from i-Invest “Special Offer”?
Old mutual has lowered the initial iInvest limit to Ksh 1000 for one day, today. How practical is this?
Stocks Watch
At today’s NSE trading, we will be closely observing the following share counters: Bamburi Cement Ltd – Kenya’s foremost cement manufacturer yesterday closed at its highest price since August last year, gaining 3.03 percent to reach Ksh 175 from Ksh 165 on Tuesday. The share’s gain was on…
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