KQ Postpones Rights Results Announcement
Kenya Airways was expected to announce the results of its KES 20 billion rights issue today. This announcement has been postponed to the 8th of June. The rights issue has been the biggest cash-call in the East African stock markets with nearly 1.5 billion…
Stocks Watch – 6 June 2012
As at the close of trading on the NSE yesterday, the NSE 20-share index stood at 3,635.86 down from 3,653.29 the day before. The All-share index stood at 78.16 down from 78.21 the previous day. The number of shares traded also fell from 17.4 million on Tuesday to the 13.317…
Closing Bell – 5 June 2012
Gainers Change Price AccessKenya 9.52% 5.75 Crown Berger 5.65% 32.75 Trans-Century 3.09% 25.00 Safaricom 3.08% 3.35 Eveready 2.63% 1.95 Losers Change Price Jubilee 5.88% 160.00 ScanGroup 4.67%…
Carbacid Gains in Yesterday's Trading
The Carbacid share yesterday rose KES 8 in yetserday's trading to take the top gainer position. With just 200 shares trading...
Stocks Watch – 5 June 2012
The NSE 20 share index yesterday closed at 3,653.29 points, up 2.22 points (0.07%) from the previous session’s 3,650.85 points. The NSE all share index however closed 0.27 pints (0.34%) down in yesterday’s trading to close at 78.21 from the previous 78.48 points. The market closed with a…
Diamond Trust Bank Loses 4 Shillings in Trading
The Diamond Trust Bank share yesterday lost 4 bob in trading, closing 3.92% at KES 98 from the previous day's close of KES 102. The share price drop came with just 200 shares trading...
Closing Bell – 4 June 2012
A summary of today's trading on the NSE
Sasini Share Increases in Value
Over the course of trading last week, the coffee producer’s share had been appreciating from KES 11.70 to KES 12 to KES 12.70. In today’s trading the share closed at KES 12.95, 1.97% up from the level it closed at on Thursday last week. www.bloomberg.com This increase is surprising…
Family Bank May List on the NSE
Family Bank shareholders recently approved a rights issue. The company wishes to raise KES 4.5 billion for its expansion plans, 33% of this coming from the rights sale. The company is also making plans to get listed on the NSE...
Stocks Watch – 4 June 2012
In today’s trading we shall be keen to note the performance of the following counters: Kenya Airways: this week the airline is set to announce the results of their rights issue. This is bound to have an effect on the performance of the counter over the course of the week…
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