The counters of interest in today’s trading are: KenGen Limited: As at the close of business on Monday the power generating company was the highest gainer having closed 5% higher than it had opened. It will be worthwhile to see whether this will continue in today’s trading or whether it…
Gainers Price (KES) Change (%) KenGen Limited 8.40 5.00 Bamburi Cement Limited 150.00 2.74 AccessKenya Group 4.75 2.15 The Co-operative Bank of Kenya 13.80 1.85 British American Tobacco Kenya Limited 325.00 1.5 Losers Price (KES) Change (%) Total Kenya Limited 15.20 7.88 Housing Finance Company Limited 14.50 2.36 Sameer Africa…
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 19.31% up from 15.41% the previous week. This is attributed to tight liquidity due to tax payments being made by corporations. To understand how this affects…
The shares to watch today include: Kenya Airways: The Kenya Airways rights issue closed on Friday last week and it would be worthwhile to observe how the share performs in the aftermath of the issue. Crown Berger: last week the share was consistently one of the highest gainers. It will…
For all investors the performance of a company’s share is a pretty good indication of whether it is worthwhile to purchase stock in the company. Usually, if the price of a share has been falling consistently shareholders will sell their shares while a share whose price is soaring will be…
Gainers Price Change Crown Berger Limited 27.50 8.91% Athi River Mining 185.00 2.78% Total Kenya Limited 16.50 2.48% Sameer Africa 4.60 2.22% Unga Group Limited 10.40 1.96 Losers Price Change British-American Investments 4.80 6.80% Standard Group Limited 21.00 6.67% KenGen Limited 8.00 4.76% Kenya Commercial Bank Limited 22.25 3.26%…