Closing Bell – 20 July 2012
At today’s NSE trading, the NSE 20-Share Index closed up 0.38 percent at 3,840.36 points up from 3,825.93 points yesterday while the NSE All-Share Index closed up 0.34 percent gaining 0.28 points to close at 83.54 points from 83.26 points yesterday. Source: FILE HIGHEST VOLUMES For a…
NIC Rights Issue Gets the Green Light
NIC Bank has received approval from the Capital Markets Authority to carry out a rights issue agreed on by the bank during its fifty second Annual General Meeting (AGM) held in May this year. Read more on the AGM here. Remarking on…
Stocks Watch
At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: Athi River Mining – The CEO of Kenya’s second largest cement firm has emerged with an 18 percent stake in the company worth 3.5 billion shillings after a re-distribution of…
Closing Bell – 19 July 2012
At today’s NSE trading, the NSE 20-Share Index closed up 1 percent at 3,825.93 points up from 3,788.52 points yesterday while the NSE All-Share Index also closed up today gaining 0.30 percent to close at 82.26 points from 82.50 points yesterday. Source: FILE HIGHEST VOLUMES…
Stocks Watch
At today’s NSE trading, we will be closely observing the following share counters: CIC Insurance Group – In their debut at the NSE yesterday, CIC Insurance Group shares closed 50 percent higher at KES 5.25 up from the list price of KES 3.50 also emerging the second most traded…
Closing Bell – 18 July 2012
At today’s NSE trading, the NSE 20-Share Index closed up 0.28 percent at 3,788.52 points from 3,778.10 points yesterday while the NSE All-Share Index also closed up today gaining 0.94 percent to 82.50 points from 81.73 points yesterday. HIGHEST VOLUMES Safaricom…
Could Diamond Trust Bank Share Face KQ Fate in Rights Issue?
With a rights issue underway, Diamond Trust Bank (DTB) shares could be seeing the start of a strong downward trend similar to what happened to Kenya Airways stock in March this year when the national carrier commenced its own rights issue. On the…
CIC Trades 25% of Its Shares
CIC Insurance is set to list over 2 billion shares at the NSE today. The float will be traded at a listing price of Ksh3.50. The company is listing by introduction in a bid to offload some of its shares. Only 25.7% of the shares will be available…
Stocks Watch
At today’s NSE trading, we will be closely observing the following share counters: Diamond Trust Bank – The bank commenced its rights issue yesterday targeted to raise Ksh 1.8 billion shillings through the offer of 24,455,566 new shares according an official disclosure by the bank. The new shares…
Closing Bell – 17 July 2012
At today’s NSE trading, the NSE 20-Share Index closed down 0.45 percent to 3,778.10 points from 3,795.10 points yesterday. Source: FILE HIGHEST VOLUMES Kenya Commercial Bank was the most traded share with 2.96 million shares traded up from 1.7…
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