Should You Track Your Net Worth?
“The true estimates of your financial intelligence is not how much you make but how much you are able to keep” – Roshawn Watson We received a positive response on Monday’s post: Want to Know Your Net Worth and figured we should have a…
Forex Trail – 24 May 2012
The Kenya Shilling slipped 0.242% against the US Dollar in yesterday's trading. The Shilling however gained 0.708% against the Euro.
Regionally, the Kenya lost 0.201%, 0.116% and 1.24% versus the Uganda and Tanzania Shillings and the Rwanda Franc respectively.
Stocks Watch – 24 May 2012
As at the close of trading yesterday the NSE 20-share index stood at 3,678.02 as compared to yesterday’s level of 3,672.3. The NSE All share index stood at 79.14 down 0.37 points from yesterday’s close of 79.51 points. The number of shares traded stood at 27.2 million while the value…
Kenya Shilling Momentarily Gains for the First Time in 3 Days
In yesterday’s trading the Kenya Shilling strengthened for the first time in three days registering an exchange rate of KES 84.90 over the course of the day. This comes as a small reprieve from the depreciation we have observed on the shilling over the last week or so. In response…
Closing Bell – 23 May 2012
There were 13.43 million Safaricom shares changing hands today, the share price losing 10 cents down to close at KES 3.40. Stocks from the banking segment of the NSE held 4 of the top 5 mover slots in today's trading.
CBK to Auction 182 Day Bills
Today the Central Bank of Kenya (CBK) will auction KES 2 billion worth of 182 day Treasury bills. The auction comes on the same day that the 5 billion shilling bond on offer closes. This comes after last week’s auction of Treasury Bills worth KES 4 billion. Last week…
12 Things To Know about the Kenyan Property Market
Property values have increased 3.1 times since 2000
S&L Lowers Mortgage Rates
After announcing that it will be lowering its lending rates to 22% from 24%, Kenya Commercial Bank through its mortgage division S&L will be dropping the mortgage rates too, effective June 1st. During Kenya Commercial Bank’s Annual General Meeting on Friday 18th, group chief executive Martin Oduor-Otieno said the Bank…
PesaPortfolio – 23 May 2012
At the close of trading on Tuesday 22nd May 2012 our PesaPortfolio stood as follows: Share Market Segment Units Latest Share price (KES) Previous Price (KES) Current portfolio value (KES) Previous portfolio value (KES) Mumias Sugar Company Manufacturing and allied 2,700.00 5.70 5.65…
CBK Closes 5 Year Bond Offer
As we had informed you earlier (see CBK’s 5-Year Bond: Your 5-year Investment) the Central Bank of Kenya (CBK) will today close the offer for sale of a 5 year bond worth KES 3 billion. Bids have been received since the…
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