KQ Rights Issue Results
Kenya Airways has released the results for the recently concluded rights issue. After several postponements, the KQ results have been released, featuring predominantly in the major dailies this morning. Of the 1.477 billion shares in offer, 70.06 percent of the shares were taken up by shareholders. The company…
Stocks Watch – 8 June 2012
At the close of trading at the NSE yesterday, the NSE 20-share index stood at 3,651.27 while the All-share index stood at 78.62. The total number of shares traded stood at 9.744 million in 1141 deals. The equity turnover stood at KES 203.302 million. In today’s trading we will be…
Top Movers at the NSE Close Unmoved
The top 5 moving shares on the Nairobi Securities Exchange closed unmoved with their prices staying as they were yesterday.
Closing Bell – 7 June 2012
Gainers Price Change Longhorn Kenya Limited 20.00 +8.99 Diamond Trust Bank Kenya 104.00 +6.12 TransCentury Limited 25.50 +5.15 Kapchorua Tea Company 136.00 +4.62 Standard Group Limited 25.00 +4.17 Losers Price Change Eveready East Africa 1.90 -5.00 Unga Group 12.35 -4.26 Rea Vipingo Plantations Limited 16.05 -3.31 Sameer…
Longhorn Trading at KES 18.35
The Longhorn share price has appreciated 31% since listing on the NSE from KES 14 to KES 18.35 as of yesterday. It has been on the NSE a week. That is not bad at all.
KQ Rights Rumoured to be Under-Subscribed
Analysts say the KQ Rights Issue has been undersubscribed with just 77% uptake of the shares. That means an excess of over 300 million shares would not have been taken up.
PesaPortfolio – 7 June 2012
Below is the value of our portfolio as at the close of trading at the NSE yesterday: Share Market Segment Units Latest Share price (KES) Previous Price (KES) Current portfolio value (KES) Previous portfolio value (KES) Mumias Sugar Company Manufacturing and allied 1,350 5.75 5.70 7,762.50 7,695.00 Housing Finance Company…
Williamson Gains 8 Shillings in Trading
The Williamson Tea stock rose 2.93% in trading yesterday. The share rose 8 shillings to close at KES 281. With just 900 shares trading.
Stocks Watch – 7 June 2012
Standard Group, Williamson Tea and Scangroup make our list of stocks to watch in today's trading:
- Standard Group was the biggest gainer in yesterday's trading.
- Williamson Tea gained KES 8 in yesterday's trading.
- Scangroup has grown 34% in the last 6 months to yesterday.
BAT Loses 12 Shillings in Trading
3.36 percent. Not too much huh? Well, BAT, lost 3.36% in yesterday's trading. That tiny, little, miniscule 3.36% drop is all of 12 shillings.
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