Stocks Watch – 5 June 2012
The NSE 20 share index yesterday closed at 3,653.29 points, up 2.22 points (0.07%) from the previous session’s 3,650.85 points. The NSE all share index however closed 0.27 pints (0.34%) down in yesterday’s trading to close at 78.21 from the previous 78.48 points. The market closed with a…
Diamond Trust Bank Loses 4 Shillings in Trading
The Diamond Trust Bank share yesterday lost 4 bob in trading, closing 3.92% at KES 98 from the previous day's close of KES 102. The share price drop came with just 200 shares trading...
Closing Bell – 4 June 2012
A summary of today's trading on the NSE
Sasini Share Increases in Value
Over the course of trading last week, the coffee producer’s share had been appreciating from KES 11.70 to KES 12 to KES 12.70. In today’s trading the share closed at KES 12.95, 1.97% up from the level it closed at on Thursday last week. www.bloomberg.com This increase is surprising…
Family Bank May List on the NSE
Family Bank shareholders recently approved a rights issue. The company wishes to raise KES 4.5 billion for its expansion plans, 33% of this coming from the rights sale. The company is also making plans to get listed on the NSE...
Pesa Portfolio – 4 June 2012
Below is the position at which the Pesa Portfolio stands at today, using the prices as at the closing of the NSE on Thursday 31 May 2012. Share Price (KES) Portfolio value (KES) Share Market Segment Units Latest Previous Latest Previous Mumias Sugar Company Manufacturing and allied 1,350 5.70 5.60…
Do’s And Don’ts of Buying Land: Dealing with a Lawyer in a Property Transaction
This is a follow up post to last week’s article on: Do’s and Don’ts of Buying Land: Involving a Lawyer in a Property Transaction. What are some of the things you should put in mind when dealing with a lawyer in a property transaction?…
Stocks Watch – 4 June 2012
In today’s trading we shall be keen to note the performance of the following counters: Kenya Airways: this week the airline is set to announce the results of their rights issue. This is bound to have an effect on the performance of the counter over the course of the week…
Forex Trail – 4 June 2012
The Kenya Shilling continued its losing streak against the major world currencies, losing 1.0115% against the US Dollar and 0.3876% against the Euro. Regionally, the Kenya SHilling lost against the Uganda and Tanzania Shillings, and the Rwanda Franc.
Safaricom Moves 63M shares
There are normally 2-4million Safaricom shares on a normal day. 63 million shares were traded on Thursday!
Remember, there are 10 Billion listed Safaricom shares... 63 million is a drop in the ocean.
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