Our monitor of the listed media houses revealed one thing, that stock price matters. Nation Media Group closed at KES 228, up by one shilling while Standard Group closed at KES 22.75, up 25 cents.
Relevance of the change in price can be spotted when the change is compared to the stock’s initial price. The tiny increase in Standard Group share price was equivalent to a 1.11% change while that of Nation Media Group equated to a 0.44% change. Such instances explain why a company with a small share price attracts investors as opposed to those with ‘expensive’ shares. (Clear proof that size doesn’t always matter)
Our attention today shall be directed towards 2 powerhouses; KenGen and Kenya Power. They are Kenya’s major electricity producers and distributors, essentially meaning that their revenue stream is tough to rival.
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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