The Central Bank of Kenya, in its capacity as fiscal agent for the Republic of Kenya, has began the sale of a new 10-year fixed coupon (fixed payment) bond intended for budgetary support purposes. This seems to be in line with the KES 106 billion the government seeks to…
Yesterday the Central Bank of Kenya (CBK) auctioned 91 day Treasury bills worth KES 2 billion. The bank received 159 bids amounting to KES 632 million representing a subscription rate of 32%. The bank accepted bids worth KES 584 million. The yield on the short term securities increased from 9.801%…
Below is a table showing the performance of the Pesa Portfolio following yesterday’s closing bell at the Nairobi Securities Exchange. The portfolio gained KES 45 in yesterday’s trading. The Mumias Sugar stock gained 10 cents in yesterday’s trading to close at KES 6.10 and add…
The Kenya Shilling gained 0.22% against the USD in yesterday's trading. The Kenya Shilling also rose against the Sterling Pound, the SA RAnd, the Uganda Shilling, the Tanzania Shilling and the Rwanda Franc only dropping value against the Euro.
At the close of trading at the NSE yesterday, the NSE 20-share index stood at 3,685.36 while the All-share index stood at 79.41. The total number of shares traded stood at 36.596 million in 1288 deals. The equity turnover stood at KES 254.466 million. In today’s trading we will be…
The number of KQ shares has increased 4 times while the profits for the year have dropped by a little over half. Shareholders' dividends will then reduce by 6 times from KES 1.50 paid out last year to KES 0.25 to be paid out this year.
Below is the value of our portfolio as at the close of trading at the NSE on Wednesday 13thJune: The PesaPortfolio as at 14th June 2012 As at the close of trading yesterday, our PesaPortfolio stands at KES 93,246.70. This is KES 72.50 lower than the value on Tuesday.
Kenya Airways has announced its financial results for the year ended 31 March 2012. Net profit has dropped by 53% while turnover has increased by 25.7% in the same period. Expenses increased 33.2% while an interesting thing they call "realised gains on fuel derivatives" has increased by over 700% in the year.