Stocks Watch
At today’s NSE trading, we will be closely observing the following share counters: Jubilee Insurance Holdings – One day after East Africa’s largest insurance group had its biggest one day drop, the Jubilee share was yesterday a top gainer, rising 2.41 percent to Ksh 170 from Ksh…
Uchumi Share Down Further on Profit Taking
Uchumi, the only Kenyan retailer listed on the NSE, closed yesterday nearly four shillings lower than the share’s price in late May on profit-taking and falling inflation which had earlier boosted investor demand in the share. “The counter has been hit a bit hard by profit-taking”…
Closing Bell – 16 July 2012
At today’s NSE trading, the NSE 20-Share Index closed up 6.46 points (0.17 percent) to settle at 3,795.10 points from 3,788.64 points at the close of trading last week. Source: FILE HIGHEST VOLUMES For a fourth consecutive day at the NSE, Safaricom…
Save Ksh 3,000 on a Drifta
DStv mobile has lowered the price of a Walka TV from Ksh 10,500 to Ksh 7,500 and Drifta from Ksh 7,500 to Ksh 4,500. As posted in the Daily Nation Business column, DStv-Mobile manager Felix Kyengo said the cut in prices is part of the firms…
Trend in Fuel Prices
Kenyans yesterday woke up to reduced fuel prices, the lowest prices posted since March 2011. The price drop was foreseeable considering the trend in international oil prices. The Free On Board (FOB) price of Murban Crude oil was post at USD 97.35 per barrel in June, a 12…
Stocks Watch
Stocks Watch – 11 July 2012 At today’s NSE trading, we will be closely observing the following share counters: Carbacid Investments Ltd – The parent company of Carbacid (CO2) Ltd rallied on Friday to reach its highest price in more than one and a half years.
Inside Kenya's new Cheque System
Since January this year, all commercial banks in Kenya have officially implemented the Cheque Truncation System (CTS), a new electronic cheque clearing system that has reduced the number of days it takes for bank cheques to clear to 2 days from 4 days, leading to advantages for individuals…
Closing Bell – 13 July 2012
INDICES At today’s NSE trading, the NSE All-Share Index closed down 0.7 percent at 81.71 points from 82.29 points yesterday while the NSE 20-Share Index also closed down 0.38 percent at 3,788.64 points from 3,802.96 points yesterday. The day had 6,811,000 shares traded in 1,004 deals.
Forex Trail – 13 July 2012
Today's Kenya Shilling exchange rate against main currencies The shilling has today fallen back to exchange at Ksh 84.03 to the U.S. dollar, after exchanging in the range of 83 shillings since Tuesday this week, latest data from the Central Bank of Kenya shows. Today’s exchange rate…
ERC Set To Review Fuel Prices
The Energy Regulatory Commission (ERC) is set to review fuel prices tomorrow – 14th July 2012. The previous fuel price review saw the price of super petrol decrease by Ksh 3.46, from Ksh 121.13 to Ksh 117.67, diesel decreased by 2.93, from Ksh 108.44…
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