Change In CEO, Change In Price
Yesterday we looked at the entertainment industry, specifically East African Breweries Limited (EABL) and British American Tobacco (BAT). Share price for both went up by KES 2. EABL closed the day at KES 244 while that of BAT at KES 457. Here are the shares we will be closely watching…
Britam is building the tallest Sky-scraper in Kenya, third in Africa
Britam, the company that just had one of the largest re-branding campaigns we've ever seen, is doing something even bigger. The Group has started building what will be the tallest building in Kenya and the third tallest in Africa at a cost of 5 billion shillings to be ready by end of 2015. So long, Times Tower.
Earn Some Revenue From Entertainment
Entertainment comes at a cost and footing the bill relies on your wallet’s weight. There is another side to this bill though. It is the side that sees the entertainers earn some revenue. The ones at the top of this revenue chain are the alcohol and cigarette manufacturers.
Banks Vs Insurance: Who Will Perform Better?
Performances of the Safaricom shares arguably lead to lower performance at the Nairobi Securities Exchange . Trading over 76 million shares at a lower price takes its toll on the bourse and the day’s end performance was proof of it. Both the All-Share index and the 20-share index dipped…
Don't Cry Over Spilt Safaricom Shares.
COUNTER WATCH Safaricom Limited – A glimpse at the top losers (above) will show you that the counter’s performance dipped. The stock closed at KES 5, down 20 cents from yesterday’s close. Shareholders rushed to the counter to dispose of the stock while it was selling at an…
Did Anyone Make A Killing Yesterday?
2 major moves occurred yesterday at the bourse, moves likely to have made the shareholders a couple of hundreds of thousands worth of change. Safaricom was the first having traded at KES 5.20 and Sameer Africa which closed at KES 3.95. Below are the reasons why they are…
The CMC Soap Opera: Battles in Court, Part 1
In the continuing CMC Saga we now look at what happened in court, Muthoka Vs Kibe and a new player enters the scene, the Capital Markets Authority.
KES 5 Per Safaricom Share, What Next?
The Nairobi Securities Exchange closed on a high last week Friday at 4166.55 points for the 20-share index, up 0.25% from the previous Friday. The All-share index closed at 93.47, up 0.95% from the previous Friday. Here are the counters we shall be monitoring today.
Profits vs Recognition: Effect On Stock Price
There was mixed reactions to the bourse’ performance yesterday because the 20-share index and the All-share index took to different routes. The former closed at 4162.79 points, down 9.09 while the latter at 93.18 points, up 0.05. It essentially translates to the locals gaining more from trading than…
How Much Did Our Portfolio Make Today?
HIGHEST VOLUMES Our usual suspects graced the top traders for the day by volume. In first place again was Safaricom which saw 13.20 million shares traded. In second place (yet again) was Equity bank with 6.29 million shares, up from 4.59 million shares yesterday. Third spot…
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