Gainers Price  Change Longhorn Kenya Limited 20.00 +8.99 Diamond Trust Bank Kenya 104.00 +6.12 TransCentury Limited 25.50 +5.15 Kapchorua Tea Company 136.00 +4.62 Standard Group Limited 25.00 +4.17   Losers Price    Change Eveready East Africa 1.90 -5.00 Unga Group 12.35 -4.26 Rea Vipingo Plantations Limited 16.05 -3.31 Sameer…

Analysts say the KQ Rights Issue has been undersubscribed with just 77% uptake of the shares. That means an excess of over 300 million shares would not have been taken up.

Yesterday the Central Bank of Kenya (CBK) auctioned 182 day and 364 day Treasury bills worth KES 2 billion each. For the 182 day ones the bank received 73 bids amounting to KES 283 million. This represents a subscription rate of 14%. All the bids were accepted. For the 364…

The Williamson Tea stock rose 2.93% in trading yesterday. The share rose 8 shillings to close at KES 281. With just 900 shares trading.

Gainers Price (KES) Change (%) Longhorn Kenya Limited 20.00 9.59 Standard Group Limited 24.00 7.87 ScanGroup Limited 55.00 7.84 PanAfrica Insurance Holdings 31.50 5.00 Williamson Tea Kenya 285.00 4.40 Losers Price (KES) Change (%) Express Limited 3.70 5.13 Kapchorua Tea Company 130.00 4.41 Crown Berger Limited 32.00 2.29 Uchumi Supermarkets…

Barclays Bank of Kenya shareholders at the Annual General Meeting held today approved a final dividend of Kes. 1.30 per share which when taken together with the interim dividend of Kes. 0.20 paid in October 2011, brings the total dividend payout for the year 2011 to Kes.

Standard Chartered Bank (Kenya) will be offering mortgages at 16.9% on mortgages transfered from other banks. The rate will be applicable to mortgages transfered only. The promotion will run up to the end of July in the bank’s bid to raise its mortgage book. This has come at a time…

Safaricom Limited has today unveiled a promotion that lowers its cross network calling rates from KES 5 per minute to KES 4 per minute. The new rates take effect from 6th June 2012 to 5th July 2012, after which normal cross network calling rates will be…

Barclays Bank of Kenya yesterday launched a 5 month promotional campaign dubbed the “Barclays Mega Millionaire”. The campaign is aimed at encouraging Barclays account holders to grow their deposits and develop a savings culture as a way to empower them both socially and economically. The promotion will see…

Kenya Airways was expected to announce the results of its KES 20 billion rights issue today. This announcement has been postponed to the 8th of June. The rights issue has been the biggest cash-call in the East African stock markets with nearly 1.5 billion…