Foreign investors flee NSE for bullish Nigerian exchange Investors are exiting the Nairobi Securities Exchange (NSE) for the higher yielding Nigerian bourse, piling more pressure on the weak Kenyan shilling. The indicative NSE 20 share index has been on a downward trend while the Nigerian 30 share index has…
COUNTER WATCH Athi River Mining – True to the prediction, locals took up shares in this company. The stock traded at KES 219, up by KES 9 from yesterday’s closing price. The amount traded was even more shocking as it stood at 150,000. Total amount that transacted was KES…
Kenya’s real estate has seen more action than a movie set. According to the HASS consult quarter three report, property prices jumped due to tumbling mortgage rates, among other reasons. Overall sales prices rose by 5.1% with apartment sales figures increasing by 3.6% and that of stand-alone houses…