Stocks Watch
At today’s NSE trading, we will be closely observing the following share counters: Jubilee Insurance Holdings – One day after East Africa’s largest insurance group had its biggest one day drop, the Jubilee share was yesterday a top gainer, rising 2.41 percent to Ksh 170 from Ksh…
Uchumi Share Down Further on Profit Taking
Uchumi, the only Kenyan retailer listed on the NSE, closed yesterday nearly four shillings lower than the share’s price in late May on profit-taking and falling inflation which had earlier boosted investor demand in the share. “The counter has been hit a bit hard by profit-taking”…
Closing Bell – 16 July 2012
At today’s NSE trading, the NSE 20-Share Index closed up 6.46 points (0.17 percent) to settle at 3,795.10 points from 3,788.64 points at the close of trading last week. Source: FILE HIGHEST VOLUMES For a fourth consecutive day at the NSE, Safaricom…
Stocks Watch
Stocks Watch – 11 July 2012 At today’s NSE trading, we will be closely observing the following share counters: Carbacid Investments Ltd – The parent company of Carbacid (CO2) Ltd rallied on Friday to reach its highest price in more than one and a half years.
Closing Bell – 13 July 2012
INDICES At today’s NSE trading, the NSE All-Share Index closed down 0.7 percent at 81.71 points from 82.29 points yesterday while the NSE 20-Share Index also closed down 0.38 percent at 3,788.64 points from 3,802.96 points yesterday. The day had 6,811,000 shares traded in 1,004 deals.
Understanding a Rights Issue
The term “rights issue” has become synonymous with activity at the Nairobi Securities Exchange in recent months owing to the rights issue by Kenya Airways in April which netted the airline 14.487 billion shillings from a target of 20.68 billion shillings. A rights issue is when…
Stocks Watch
At today’s NSE trading, we will be closely observing the following share counters: Standard Group – The media conglomerate yesterday closed at its highest in almost one year, gaining 8 percent to close at Ksh 27 from Ksh 25 on Wednesday. The share has ranged between Ksh 21…
Closing Bell – 12 July 2012
INDICES The NSE All-Share Index closed up 0.15 percent at 82.29 points from 82.11 points yesterday while the NSE 20-Share Index also closed up 0.15 percent at 3,802.96 points today from 3,789.33 points yesterday. HIGHEST VOLUMES For a second day…
Stocks Watch
At today’s NSE trading, we will be closely observing the following share counters: Bamburi Cement Ltd – Kenya’s foremost cement manufacturer yesterday closed at its highest price since August last year, gaining 3.03 percent to reach Ksh 175 from Ksh 165 on Tuesday. The share’s gain was on…
Closing Bell – 11 July 2012
The NSE All-Share Index closed up 0.06 points after declining the past two days, to settle at 82.17 points today up from 82.11 points yesterday while the NSE 20-Share Index was also up after losing the past two days. The Index closed up 8.07 points at 3,797.40 points…
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