Invest in Kengen For Your Future
We believe Kengen is a good share to invest for the mid to long term. It looks strong for up to 100+ percent returns
Closing Bell – 15 May 2012
Gainers Sameer Africa Limited 4.70 9.30% Kenya Re-Insurance Corporation Limited 12.00 5.73% Uchumi Supermarket Limited 16.75 5.35% Centum Investment Company Limited 15.50 4.73% Total Kenya Limited 16.00 4.23% Losers Carbacid Investments Limited 101.00 2.88% Express Limited 3.70 2.63% Kapchorua Tea Company Limited 117.00 2.50% Eaagads Limited 31.00 2.36% CFC Stanbic…
ARM Reports Positive First Quarter Results, Plans for a Share Split
Yesterday the company announced an increase in its first quarter results to KES 369 million. This represents a 17% increase in profits for the country’s second largest cement manufacturer by market value. As if in anticipation of this investor demand for the share rose during yesterday’s trading and the share…
Stocks Investors Should Consider
As an investors or a prospective one choosing the right shares to invest in is a tricky affair. Confusion exists over which stocks to invest in for the short term and which ones to hold for a longer period. Investors also find it difficult partitioning their funds between government securities…
Stocks Watch – 15 May 2012
A sneak peek into what to watch in today's trading at the NSE
Closing Bell – 14 May 2012
Gainers Price (KES) Change (%) NIC Bank Limited 33.00 4.76 Athi River Mining 204.00 4.08 Total Kenya Limited 15.50 4.03 CFC Insurance Holdings Limited 7.95 3.92 Uchumi Supermarket Limited 15.95 3.57 Losers Price (KES) Change (%) Pan Africa Insurance Holdings Limited 26.75 9.32 Rea Vipingo Plantations Limited 14.50 4.92 Carbacid…
Weekly Bulletin Simplified: Market Cap Hits KES 1.003 trillion
According to the Central Bank of Kenya’s weekly report the interbank rate, the cost at which commercial banks borrow from one another, increased to 16.35 percent during the week ending May 9, 2012 from 15.74 percent in the previous week. The average number of borrowing and lending deals between the…
Deacons to List Shares on the NSE
Merchandise in a Deacons store (Photo: easoko.com) Mega East African fashion retailer Deacons Kenya Limited is set to list its shares on the Nairobi Securities Exchange in July. The lifestyle brand is just waiting from approval from markets regulator Capital…
Money Inflows From Kenyans in Diaspora Increase
Kenyans in the diaspora remitted over KES 8 billion in the month of March 2012. This is 49% more than the money remitted in March 2011. Indeed, Kenyans abroad seem to be doing quite well.
Stocks Watch – 14 May 2012
At the close of trading last week the NSE 20-share index stood at 3,599.33 points up from 3,589.43 points the day before. The NSE All-share index also rose from 78.36 on Thursday to 78.46 on Friday. The increase in these indices is characteristic of end of week trading as investors…
1
