Below is a table comparing the performance of the Kenya Shilling against major international and regional currencies over the last two trading days; Tuesday 29th and Wednesday 30th May 2012.     Currency Date US Dollar Sterling Pound Euro SA Rand KES/USHS KES/TSHS KES/RWF   29/05/2012 85.3958 134.1424 107.5728 10.2703…

A property sale is a very sensitive transaction which should be approached with a lot of caution. Many have been tricked into losing their money while buying a piece of property that had been previously sold to someone else. So is a lawyer necessary? One is…

Gainers Price (KES) Change (%) Scangroup Limited 55.00 7.84 Carbacid Investments Limited 110.00 5.77 Diamond Trust Bank Limited 102.00 5.70 NIC Bank Limited 34.50 5.34 Kapchorua Tea Company Limited 130.00 4.84 Losers Price (KES) Change (%) Co-operative Bank of Kenya Limited 13.05 4.40 Jubilee Holdings Limited 170.00 2.86 BOC Kenya…

We have made some changes to the various stocks in the Pesa Portfolio. Rea Vipingo has made an entry while Uchumi and Mumias have been slashed following their movements of late.

At the close of trading at the NSE yesterday, the NSE 20-share index stood at 3,627.64 while the All-share index stood at 78.20. The total shares traded during the day stood at 9.085 million equating to an equity turnover of KES 166.82 million. In today’s trading we will be watching…

Below is a table of the performance of the Kenya Shilling against the major international currencies and the currencies of our neighbouring countries in the last two sessions, Monday 28 May 2012 and Tuesday 29 May 2012. Currency Date US Dollar Euro Sterling Pound SA Rand KESUSHS KESTSHS KESRWF Monday…

This week, the Central Bank of Kenya (CBK) will auction 91 day and 182 day Treasury bills worth KES 2 billion each. The auction for the 91  day bills will be on Thursday 31st while the 182 day auction will be today, Wednesday 30th May. At the auctions, we will…

The Kenya Airways Rights Issue has essentially quadrupled the number of shares. Analysts believe the share price could drop, to even four times the present value once the new shares begin trading on the securities exchange.

Gainers Price          Change Uchumi Supermarket 17.05 10.00% Eveready East Africa 1.95 8.33% Crown Berger 31.00 6.90% Pan Africa Insurance Holdings 31.50 5.00% Unga Group 12.70 4.53% Losers Price         Change Housing Finance Company Limited 15.00 5.06% Cooperative Bank…

What if you could get a loan for a house, pay the loan as you construct, finish the ground floor, move and then take another loan facility to complete the next floor and so on?