KCB Half-Year Earnings Due Today as Share Hits Three Year Peak
Kenya Commercial Bank, the top ranked bank in Kenya last year, is to announce its half-year profit for this year at 1.00 pm today, one day after the bank’s shares yesterday climbed to their highest price of just under three years at the Nairobi Securities Exchange.
Stocks Watch
NIC Bank – Shares in the bank yesterday climbed 0.68 percent to close at their second highest price in one year at KES 37.25 from KES 37.00 on Tuesday. Next month, NIC is scheduled to carry out Kenya’s second largest rights issue of this year set to raise 2.07 billion…
Closing Bell – 25 July 2012
INDICES At today’s trading, the NSE 20-Share Index gained for a sixth consecutive day to reach a new one-year high of 3,878.49 points closing up 0.85 percent. The NSE All Share Index meanwhile closed up 0.97 percent to 84.66 points from 83.85 points yesterday.
Kenyan Stock Market Index Rallies on Soaring Blue Chip Shares
The NSE 20 Share Index yesterday rallied to reach a new one-year high of 3,845.93 points which marks a 20 percent improvement of the measuring index this year spurred on by equally performing blue chip shares at the Kenyan Stock Market. More than half…
Stocks Watch
At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: Athi River Mining – Kenya’s second largest cement firm yesterday posted a 24 percent rise in pre-tax profit for the six months to June this year compared to 2011 according…
Internet Trading of Kenyan Shares to Fully Implement from December
Trading of shares at the Nairobi Securities Exchange (NSE) via the internet will being implementation by most Kenyan stock brokers starting December this year following an initiative by the East African Securities Exchanges Association (EASA) to automate the entire process of transacting securities in East African markets.
Closing Bell – 24 July 2012
At today’s NSE trading, the NSE 20-Share Index reached a new one –year high closing up 0.03 percent at 3,845.93 points up from 3,844.61 points last week while the NSE All-Share Index closed with no change at 83.85 points similar to yesterday. HIGHEST VOLUMES…
Stocks Watch
At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: NIC Bank – Last week the bank received a green light from the Capital Markets Authority (CMA) to conduct a rights issue scheduled to begin in August this year…
Safaricom & KCB Shares Thrive on the NSE’s Good Run
The share counters of industry leaders Safaricom and Kenya Commercial Bank (KCB) last week showed sharp gains in performance at the Nairobi Securities Exchange, thriving in the wake of more interest and investment in blue-chip counters in the Kenyan stock market. Last…
Stocks Watch
In today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: KenolKobil – Shares in the petroleum marketer gained for a third day on Friday, closing up 30 percent at KES 15.95 from KES 15.65 on Thursday. Puma Energy, a…
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