Yesterday the Total Kenya Limited share rose by 10% to 15.95 Ksh per share having opened at 14.50 Ksh per share. Analysts state the reason for this could be the statement Total Kenya Limited released to its shareholders to clarify on its suspension from trading with the…
Total Kenya Limited has today reported that it made a loss of Ksh 71 million for the full year ended December 2011. The largest oil marketer in Kenya blamed this loss on price controls and inefficiencies in the supply chain. The loss is a stark contrast to the Ksh 916…
The company pays out Ksh1.33 Billion in claims to 4,195 general insurance clients in 2011. Jubilee Insurance has been voted the overall winner of the Best Claims Settlement Award sponsored by the Association of Insurance Brokers of Kenya popularly known as the BIMA AWARDS 2012.
Mumias Sugar Company Limited has released its half year results for the six months ended 31st December 2012. In its unaudited 6-month results, the company has reported gross profits of Kshs. 2,255,726,000, down Kshs. 285,555,000 from the previous periods Kshs. 2,541,281,000. Net profits however increased in the same period…
Top Gainers Price(Ksh) Change(%) NIC Bank Ltd 27.25 +5.83 Sasini Ltd 11.00 +5.26 CFC Insurance Holdings 7.55 +4.86 Kenya Airways Ltd 13.70 +4.18 National Bank of Kenya Ltd 18.00 +3.75 Top Losers Price(Ksh) Change(%) Barclays Bank Ltd 12.00 -10.78 British American Tobacco Kenya Ltd 280.00 -9.39 Kapchorua Tea Co.
The Kenya Airways share today displayed positive signs after having a turbulent time in last week’s trading. The counter opened trading this morning at Kshs. 13.30, 15 cents up from Friday’s close of Kshs. 13.15. The counter traded rather today eccentrically, quickly rising to Kshs. 13.95 after opening then…
CFC Stanbic Bank’s share in mortgage business dropped to eight per cent last year from 13.6 per cent in 2009 despite raising its mortgage book to Sh6.6 billion from Sh6.1 billion in the same period. The head of retail banking at CFC Stanbic Mr Elly Odhong says the bank attributes…
TransCentury Limited, one of Kenya’s forefront companies in terms of investments in infrastructure projects with interests in East African Cables, Kewberg Cables, Avery Africaand operation of the Kenya-Uganda Railway Concession, announced its results for the financial year ended December 2011 on Friday 23rd March 2012. In his…
Top Gainers Price Change TPS Eastern Africa (Serena) 48.50 +7.18 Sasini Ltd 10.45 +4.50 Uchumi Supermarket Ltd 10.40 +4.00 NIC Bank Ltd 0rd 25.75 +3.00 Kenya Commercial Bank Ltd 22.25 +2.30 Top Losers …
TPS Serena today opened trading on the Nairobi Securities Exchange at Kshs. 45, 25 cents down from yesterday’s closing price of Kshs. 45.25. The share however rebounded quickly and jumped Kshs. 4 from the day’s low to trade at Kshs. 49. An important observation is that the Kshs.