All Eyes On The Banking Sector Today
The performance at the Nairobi Securities Exchange was a first as both major indices recorded increased performance. Investor portfolio value went up and market capitalization increased by KES 4 Trillion. The 20-share index closed at 4160.49 and the All-share index at 92.66. Today we shall focus on the banking…
Good News All Round For Local Investors
There was a recorded increased performance from both the NSE 20-share index and the All-share index for the first time this week. Good news all round for investors whether they had a diversified portfolio or one focused on a few shares. The All-share index closed at 92.66 points,…
Konza City, the Real Work Begins
Konza city will officially be launched towards the end of the month by the president. This was announced by the PS of Information and Communications during a breakfast meeting this morning at the Laico Regency Hotel. Ground work however, has already started with a number of ministries having already received funds.
Increased Share Dump For Eaagads
A worrying performance today at the Nairobi Securities Exchange as general movement showed loss of portfolio value for the All-share index. The index closed at 92.36 points, a drop from yesterday’s points by 0.26. Local investors on the general lost a few shillings on most of the stocks. The 20-share…
UAP Calls Investors For KES 750 Million Public Offer
UAP Holdings has called investors for the subscription of 12,5 million new ordinary sharesat a subscription price of KES 60 per share. The firm plans to raise KES 750 million in equity capital.
Standard Chartered Raises 5 Billion More than Sought
Standard Chartered had sought to raise 3.2 billion shillings in the rights issue but has raised 8.3 billion. The bank's rights issue was oversubscribed by 158.4 percent similar to the one in 2010 which raised 4 billion shillings against a a targeted 2.5 billion shillings.
What Next for the Eaagad Stock Price?
“The NSE endeavours to build on its existing suite if products and services in order to meet the evolving needs of our domestic and international investors” – Mr.Bob Karina, Vice Chairman of the Nairobi Securities Exchange. There was yet another dip yesterday at the Nairobi Securities Exchange as the…
How Britam Went Digital in Doing Business
Within just over a decade, Britam has evolved from manually sifting insurance records to relying on a computerized systems capable of handling over 5 billion shillings in insurance premiums every year. Learn the story of this transition.
Locals Shed Eaagads Shares Prior To Dividend Payout
Performance in the Nairobi Securities Exchange was wanting today, with both major indices showing decreased performance. The 20-Share Index closed at 4152.11, down 7.62 points from Friday. The All-share index followed suite closing at 92.913, down 0.03 points from Friday. This is the second time in a fortnight that both…
Portland Cement Records Nearly 20% Increase In Two Days
Yesterday the performance at the bourse dipped as both major indices recorded wanting results from the day’s trading. The 20-Share Index closed at 4152.11 and the All-share index followed suite closing at 92.913. East African Portland Cement – It is the smallest of the three listed building material…
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