The state has been playing a back bench role in provision and development of new housing units. Investors in private sector have taken over development of housing units even at times when statistics show large housing unit deficits, a thing the state should be concerned about. It is estimated that…

At the close of trading yesterday, the NSE 20-share index stood 40.73 points up (1.12%) at 3,677.81 points to continue its upward trend. A total of 15.24 million shares were traded with an equity turnover of KES 353.58 million. The counters we will be observing today are: Kenya-Reinsurance: The share…

If you invested in 9,500 Eveready shares in the IPO, that cost you about KES 9,500. If you've held on your shares as they are, they are worth about KES 1,000 today!

In yesterday’s trading the Kenya Airways (KQ) share hit the KES 16 mark and continued to attain an all-month high of KES 16.30 per share. This is the highest the share has attained since 14th March when it fell to KES 14.37 from KES 17.60 five days earlier. This is…

The NSE today had 15.24 million shares trading and closed with a market capitalization of KES 824.74 billion. KCB was the days biggest mover, 2.74 million shares exchanging hands and Transcentury Limited had about 1.79 million shares trading to come in second. CFC Insurance was the biggest loser, down 3.16%. Kenya Re was among the day's top gainers, gaining for the third consecutive day.

Yesterday the Central Bank of Kenya (CBK) auctioned 182 day Treasury bills worth KES 2 billion. The CBK received 182 bids worth KES 3.34 billion but only accepted bids worth KES 1.94 billion. The security exhibited a subscription rate of 167%, following the oversubscription trend we have observed at previous…

Ever heard of the Car & General share? No huh? Well, it's there. And it's a good option for you if you're interested in buying shares.

Below is a look at our PesaPortfolio using the prices of the various stocks as at the close of the Nairobi Stock Exchange (NSE): 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…

Today we pay particular close attention to NIC Bank, Car & General, KCB, Kenya Re and Olympia Capital Holdings. Here's why.

Below is a table showing the currency movements between the Kenya shilling and major international currencies as well as the currencies of our neighbouring countries over the last two trading days, Tuesday 15th and Wednesday 16th May 2012. Currency US Dollars Sterling Pounds Euro SA Rand KES/USHS KES/TSHS KES/RWF Date…