Closing Bell – 11 July 2012
The NSE All-Share Index closed up 0.06 points after declining the past two days, to settle at 82.17 points today up from 82.11 points yesterday while the NSE 20-Share Index was also up after losing the past two days. The Index closed up 8.07 points at 3,797.40 points…
CIC to List Over 2 Billion Shares on the NSE
Shareholders will be able to trade their stake at the NSE as soon CIC lists at the bourse. The company, which is Africa’s leading co-operative insurer, is set to list on the NSE on 18th July 2012. The insurer will open its shares to the public without the need to…
Government Offers Consolidated Bank to Private Investors
Consolidated Bank may be privately owned by the end of next year. Ministry of Finance Permanent Secretary, Joseph Kinyua told the media that the Privatisation Commission is currently working on listing the bank on the NSE by the year 2013. According to Ventures Africa, the government currently…
Forex Trail – 11 July 2012
Kenya Shilling exchange rate against major currencies today For a second consecutive day, the Kenya Shilling today exchanged above Ksh 84 to the US dollar, settling at Ksh 83.96 compared to Ksh 83.94 yesterday, CBK data shows. Against the Euro, the shilling was today 20 cents stronger, exchanging at Ksh…
Stocks Watch
At today’s NSE trading, we will be closely observing the following share counters: B.O.C Kenya – The supplier of industrial and medical gases yesterday closed at a high not seen since early last year, gaining 7.44 percent to close at Ksh 130.00 from Ksh 121.00 on Monday. The…
Closing Bell – 10 July 2012
INDICES The NSE All-Share Index closed down for a second consecutive day, today losing 0.07 points to close at 82.11 points from yesterday’s close of 82.18 points while the NSE 20-Share Index also closed down for a second day at 3,789.33 points losing 1.73 points from…
Treasury Bill Rates Up for the Fifth Week Running
Treasury bill interest rates climbed for the fifth week in a row, at last week’s auction of the government securities by the Central Bank of Kenya, the Bank’s weekly bulletin showed. A treasury bill is a paper-less short term borrowing instrument issued by the Government…
Forex Trail 10th July 2012
The Kenya Shilling yesterday appreciated against all major international and regional currencies, gaining 43 cents against the US dollar to exchange at KES 84.10 from KES 84.53 on Friday last week. Against the Sterling Pound, the Shilling was yesterday stronger by 89 cents exchanging…
Consolidated Bank Releases Ksh 4Billion Medium Term Note (MTN)
The Consolidated Bank of Kenya plans to issue a medium term bond for the sake of meeting supplementary capital as well as onward lending to its clients. The Capital Markets Authority (CMA) approved the issue and listing of the Ksh4 billion corporate bond on 21st June 2012. The…
PesaPortfolio – 10 July 2012
Below is the value of the PesaPortfolio at the close of trading yesterday: The PesaPortfolio at the end of yesterday’s NSE trading At the close of trading yesterday, our PesaPortfolio gained KES 227.50 to stand at KES 95,430.00 up from KES 95,202.50 at last…
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