At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: Athi River Mining – Kenya’s second largest cement firm yesterday posted a 24 percent rise in pre-tax profit for the six months to June this year compared to 2011 according…

Trading of shares at the Nairobi Securities Exchange (NSE) via the internet will  being implementation by most Kenyan stock brokers starting December this year following an initiative by the East African Securities Exchanges Association (EASA) to automate the entire process of transacting securities in East African markets.

At today’s NSE trading, the NSE 20-Share Index reached a new one –year high closing up 0.03 percent at 3,845.93 points up from 3,844.61 points last week while the NSE All-Share Index closed with no change at 83.85 points similar to yesterday. HIGHEST VOLUMES…

Bank interest rates seem to be a deciding factor for some as 39% of respondents in the latest Infotrak study would opt to discontinue their relationship with banks due to high interest rates, charges and hidden fees that banks impose. 40 % of the respondents who…

Mitumba traders demonstration outside the treasury yesterday seems to have had the desired effect, as directive to reduce import duty on second hand clothes will take effect immediately and be backdated from June 25. What this means is goods imported on 25th June 2012 going forward will enjoy…

Below is the value of the PesaPortfolio at the close of trading yesterday: The PesaPortfolio at the end of trading yesterday By the close of trading yesterday, our PesaPortfolio had gained KES 552.50 to stand at KES 94,980.00 up from KES 94,457.50 at the close…

At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: NIC Bank – Last week the bank received a green light from the Capital Markets Authority (CMA) to conduct a rights issue scheduled to begin in August this year…

“Angukia Hao na Ecobank,” a deposit mobilization campaign targeting existing and prospective Ecobank Savings and Current account holders, is now in its’ second round. Ecobank will on Tuesday, 24th July 2012 conduct the 2nd draw winners’ awarding ceremony at the Ecobank Towers. The promotion started on…

The share counters of industry leaders Safaricom and Kenya Commercial Bank (KCB) last week showed sharp gains in performance at the Nairobi Securities Exchange, thriving in the wake of more interest and investment in blue-chip counters in the Kenyan stock market. Last…

Below is the value of the PesaPortfolio at the close of trading on Friday 20th July 2012: The PesaPortfolio at the end of trading on Friday 20th July 2012 At the close of trading on Friday, our PesaPortfolio had gained KES 122.50 to stand…