Stocks Watch
At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: Barclays Bank – The bank is expected to be announcing its half-year result for this year sometime this month. Last year, Barclays was ranked Kenya’s fourth biggest bank by…
A Breakdown of the NIC Rights Issue
Companies use rights issues to raise more capital for reasons such as strategic expansions, to pay off debts or to buy out other companies. To raise the additional capital, a company invites existing shareholders to buy a specific number of new company shares at a discount.
Closing Bell – 31 July 2012
In today’s trading, the NSE 20 Share Index closed at 3,678.21 points while the All Share Index closed at 84.93 points. In total, 8.72 million shares were traded today in 1,457 deals. Total share equity traded today was worth KES 117,038,050. Source: FILE HIGHEST VOLUMES…
Stocks Watch
At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: Diamond Trust Bank – The bank’s pre-tax profit for the six months to June this year increased 34 percent to 2.16 billion shillings from 1.62 billion shillings in the…
Closing Bell – 30 July 2012
The NSE today saw a total of 29.38 million shares traded in 1,387 deals. Equity turnover was KES 359,997,035.00. Source: FILE HIGHEST VOLUMES Safaricom was the most traded share at the NSE for a fifth consecutive trading day, with 11.91 million shares…
Stocks Watch
At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: CIC Insurance Group – After tumbling on all consecutive days from their second day of trading since the shares were listed on the NSE one and a half weeks ago,…
NIC Gears Up For Rights Issue
NIC Bank has in an official statement released full details of the rights issue it is to carry out next month, in a move indicating that Kenya’s second biggest rights issue this year is on track to take place as planned. The statement dated July 25th has…
Closing Bell – 27 July 2012
The NSE 20 Share Index today dropped for the first time since Wednesday last week, dropping 0.2 percent to close at 3,870.51 points from 3,878.52 yesterday. Meanwhile, the All Share Index also lost 0.03 percent to close at 84.32 points from 84.35 points yesterday.
Stocks Watch
At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: NIC Bank – The shares gained for a fourth consecutive day to close at KES 37.75 representing a 1.34 percent gain since Wednesday’s closing price. NIC will next month…
Closing Bell – 26 July 2012
INDICES At today’s trading, the NSE 20-Share Index gained for a seventh consecutive day to reach a new one-year high, adding 0.03 points to close at 3,878.52 points from 3,878.49 points yesterday. The All Share Index meanwhile dropped 0.31 points closing at 84.35 points from 84.66…
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