Standard Chartered Bank is one of the world’s major banks, having been listed on the London, Hong Kong and Mumbai stock exchanges as well as our very own Nairobi Securities Exchange. The bank opened its Kenyan branches in 1911 as the first foreign-owned bank and a hundred years…
According to the weekly bulletin released by the Central Bank of Kenya (CBK) the number of shares traded at the Nairobi Stock Exchange (NSE) from 16th April to 20th April 2012 stood at 159.92 million shares. This is 41.84 million shares more than the 118.08 million traded in…
The Board of Directors of Sameer Africa Limited has recommended a first and final dividend of 20 cents per share subject to shareholder approval at the Annual General Meeting. The company’s profit before tax increased by KES 86.2 million (138.66%) from KES 62.19 million in 2010 to KES 148.45 million…
The Nairobi Securities Exchange (NSE) is Kenya’s national stock exchange. A stock exchange is a form of a market which provides services for investors to trade in stocks, bonds, unit trusts and other securities. A stock is a type of security that signifies ownership in a corporation and represents a claim on part…
Over the last week, the Mumias Sugar Company share has steadily risen from KES 4.70 at the end of last week to KES 5.50 as at the end of business on Thursday. This is a 17% rise and is quite uncharacteristic of stocks listed under the Manufacturing and Allied segment…