Closing Bell: Olympia Capital Holdings Ltd Top Gainer as Longhorn Publishers Limited Declines
Olympia Capital Holdings Ltd Top Gainer as Longhorn Publishers Limited Declines Olympia Capital Holdings Ltd (OCH) was the top gainer of the day. It gained 9.76% to close at KES 4.50 which was a KES 0.40 gain in share price. Longhorn Publishers Limited (LKL) was the top loser of the…
Centum to build 12MW plants for Two Rivers Mall
Centum to build 12MW plants for Two Rivers Mall Centum Investment is constructing solar and diesel power plants that will generate 12 megawatts (MW) of electricity to power its Two Rivers Development, a real estate project that is designed to host the largest shopping mall in…
Closing Bell: East African Cables Limited Top Gainer as Umeme Limited Declines
East African Cables Limited Top Gainer as Umeme Limited Declines East African Cables Limited (CABL) was the top gainer of the day. It gained 9.89% to close at KES 10.00 which was a KES 0.90 gain in share price. Umeme Limited (UMME) was the top loser of the day. It…
Eveready East Africa Ltd Results for the Year Ended 30th Sept 2015
Group Revenue reduced for the year 2015 from Kshs.1.22B to Kshs.1.19Bn. The Group recorded a loss of Kshs.78million which was an 58% improvement from the previous year. Most of this according to the comments of results was attributed by the Kenyan shilling depreciating against the dollar for the year 2015…
Barclays starts trading at NSE with its revived investment unit
Barclays starts trading at NSE with its revived investment unit Barclays Bank has re-activated its investment banking business on growing demand for brokerage services especially from foreign investors. The Barclays Financial Services will offer a whole suit of services such as advisory on mergers and acquisitions,…
Closing Bell: Eveready East Africa Limited Top Gainer as Longhorn Publishers Limited Declines
Eveready East Africa Limited Top Gainer as Longhorn Publishers Limited Declines Eveready East Africa Limited (EVRD) was the top gainer of the day. It gained 9.09% to close at KES 3.00 which was a KES 0.25 gain in share price. Longhorn Publishers Limited (LKL) was the top loser of the…
Uchumi changes tack on sale of assets after receiving low offers
Uchumi changes tack on sale of assets after receiving low offers Retail chain Uchumi Supermarkets has changed tack on its ongoing sale of assets, preferring to only dispose part of the land on which the flagship Ngong Road branch is built and part-lease the Lang’ata Hyper…
Closing Bell: Unga Group Limited Top Gainer as TPS Eastern Africa Limited (Serena Hotels) Declines
Unga Group Limited Top Gainer as TPS Eastern Africa Limited (Serena Hotels) Declines Unga Group Limited (UNGA) was the top gainer of the day. It gained 9.38% to close at KES 35.00 which was a KES 3.00 gain in share price. TPS Eastern Africa Limited (Serena Hotels) (TPSE) was the…
KQ sends finance boss home, retires fleet chief
KQ sends finance boss home, retires fleet chief National carrier Kenya Airways on Tuesday sent home its long-serving finance director, Alex Mbugua, in what was seen as part of a broader initiative to turn around the fortunes of the loss-making company […]…
Closing Bell: Flame Tree Group Holdings Limited Top Gainer as Longhorn Publishers Limited Declines
Flame Tree Group Holdings Limited Top Gainer as Longhorn Publishers Limited Declines Flame Tree Group Holdings Limited (FTGH) was the top gainer of the day. It gained 6.43% to close at KES 7.45 which was a KES 0.45 gain in share price. Longhorn Publishers Limited (LKL) was the top loser…
TransCentury seeks to calm Sh8.1bn bond holders after CEO exit
TransCentury seeks to calm Sh8.1bn bond holders after CEO exit TransCentury has moved to assure investors that it is on course to repaying Sh8.1 billion owed to bondholders despite the sudden resignation of its CEO Gachao Kiuna last week. Dr Kiuna left the investment firm last…
Closing Bell: East African Portland Cement Company Top Gainer as Williamson Tea Kenya Limited Declines
East African Portland Cement Company Top Gainer as Williamson Tea Kenya Limited Declines East African Portland Cement Company (PORT) was the top gainer of the day. It gained 9.88% to close at KES 47.25 which was a KES 4.25 gain in share price. Williamson Tea Kenya Limited (WTK) was the…
Longhorn, Home Afrika biggest gainers at NSE
Longhorn, Home Afrika biggest gainers at NSE The small cap counters of Longhorn and Home Afrika were the top gainers at the Nairobi Securities Exchange (NSE) last week, bucking the market trend that saw 42 out of the 61 actively traded stocks record share price declines.
TransCentury CEO Gachao Kiuna resigns
TransCentury CEO Gachao Kiuna resigns The chief executive of investment firm TransCentury Limited Dr Gachao Kiuna on Thursday resigned from the company for undisclosed reasons. The listed investment firm has appointed Mr Ng’ang’a Njiinu, currently the firm’s head of corporate finance, as the acting chief executive.
Closing Bell: KenolKobil Limited Top Gainer as Williamson Tea Kenya Limited Declines
KenolKobil Limited Top Gainer as Williamson Tea Kenya Limited Declines KenolKobil Limited (KENO) was the top gainer of the day. It gained 9.94% to close at KES 9.40 which was a KES 0.85 gain in share price. Williamson Tea Kenya Limited (WTK) was the top loser of the day. It…
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