Yesterday presented many an investor at the Nairobi Securities Exchange had a chance to bag a few notes since both major indices performed better. The 20-share is a list of the top 20 companies by market capitalization among the publicly listed companies. Such are what attracts foreigners as a better performance translates to huge gains for them. They do after all, make sizeable investments. The 20-share index closed at 4171.87 points, up by 13.49 and the All-share index closed at 93.13 points, up 0.54.
We shall direct our attention to 2 companies and allocate ourselves 1000 shares for each. We shall calculate exact gains/loss from the day’s trading:
Going by yesterday's prices, we have used a total of KES 470,460 calculated as follows;
(Transaction fee 2%)
(449,000/0.98) =KES 458,164
(12,050/0.98) = KES 12,296
Abacus is the result of over 10 years market experience and is licensed as a data vendor by the Nairobi Securities Exchange
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