National Bank's Day at the NSE
A look at the day National Bank ahs had at the NSE today.
Kenya Re's Exceptional Performance
On the 23rd of April Kenya Re-insurance Corporation released its financial results for the period ended 31st December 2011. It reported a 24% increase in its profits from KES 1.66 billion to KES 2.036 billion. In light of this, the board of directors recommended a dividend payment of 35cents per…
Closing Bell – 9 May 2012
A snippet of the goings-on at the NSE today.
Safaricom Results: What to Expect
Safaricom releases its full-year results tomorrow. KES 13 billion in net profits? Not likely.
Most people would rather spend more on food than buy airtime, that is the problem Safaricom had to deal with last year with the rise in inflation.
KenolKobil Might Delist From the NSE
According to the Business Daily, KenolKobil may be delisted from the Nairobi Stock Exchange (NSE) should the deal to sell majority shareholding in the company to firm Puma Energy succeed. Yesterday the firm released a cautionary statement announcing to its shareholders and the general public that the key shareholders…
KQ Performance After the Rights Issue
The highly publicised Kenya Airways rights issue closed a week and a half ago. For keen investors it would be worthwhile to note the trend the share has been following over this duration. If we consider the performance of the counter before, during and after the rights issue we observe…
Stocks Watch – 9 May 2012
Limuru Tea yesterday increased 2.5%...that is equivalent to KES 10.
Here's what to expect in today's trading at the NSE.
Closing Bell – 8 May 2012
Gainers Price Change Trans-Century Limited 26.50 8.16% Athi River Mining 197.00 4.79% Unga Group 11.00 4.76% Kenya Reinsurance 11.00 4.76% Olympia Capital Holdings 3.60 2.86% Losers Price Change Crown Berger Limited 24.75 9.17% Kapchorua Tea Company 115.00 4.96% Safaricom Limited 3.40 2.86% TPS (Serena) Eastern Africa Limited 45.00 2.17%…
Barclays Bank, the Day's Top Mover Drops 5 Cents
Barclays Bank of Kenya was one of today’s big movers with 4.799 million shares exchanging hands in the session.
Safaricom to Announce its Results
Mobile operator Safaricom is set to announce its full year financial results for 2011/2012 on Thursday. The largest mobile operator in Kenya has in the recent past been experiencing drops in its profit. For the half year 2011/2012, Safaricom realized drops in profits to Shs. 4.01 billion…
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