Seven bank stocks touch one-year low at NSE trading
Seven bank stocks touch one-year low at NSE trading Seven banking counters at the Nairobi Securities Exchange (NSE) on Wednesday touched a one-year low as the market responded to the sudden closure of Imperial Bank leading to the indicative NSE 20 share index dropping to levels…
Closing Bell: Olympia Capital Holdings Ltd Top Gainer as Atlas Development and Support Services Ltd Declines
Olympia Capital Holdings Ltd Top Gainer as Atlas Development and Support Services Ltd Declines Olympia Capital Holdings Ltd (OCH) was the top gainer of the day. It gained 8.89% to close at KES 4.90 which was a KES 0.40 gain in share price. Atlas Development and Support Services Ltd (ADSS)…
Closing Bell: Kenya Electricity Generating (Kengen) Company Ltd Top Gainer as Atlas Development and Support Services Ltd Declines
Kenya Electricity Generating (Kengen) Company Ltd Top Gainer as Atlas Development and Support Services Ltd Declines Kenya Electricity Generating (Kengen) Company Ltd (KEGN) was the top gainer of the day. It gained 12.05% to close at KES 9.30 which was a KES 1.00 gain in share price. Atlas Development and…
Investors lose Sh300bn in NSE’s ten-month bear run
Investors lose Sh300bn in NSE’s ten-month bear run Investors in firms listed on the Nairobi Securities Exchange (NSE) have lost Sh300 billion since the beginning of the year following a slump that has seen the main index drop to a three-year low. The NSE 20 share…
CMA gears up for launch of derivatives exchange
CMA gears up for launch of derivatives exchange The Capital Markets Authority (CMA) is stepping up preparations for the introduction of an exchange for derivatives, which are used for hedging risk. The CMA has partnered with the Dubai Financial Services Authority to train local players on…
Closing Bell: TPS Eastern Africa Limited (Serena Hotels) Top Gainer as Kakuzi Limited Declines
TPS Eastern Africa Limited (Serena Hotels) Top Gainer as Kakuzi Limited Declines TPS Eastern Africa Limited (Serena Hotels) (TPSE) was the top gainer of the day. It gained 9.73% to close at KES 31.00 which was a KES 2.75 gain in share price. Kakuzi Limited (KUKZ) was the top loser…
Barclays unveils product lab for local developers
Barclays unveils product lab for local developers Barclays bank has partnered with local developers in a programme aimed at creating innovations to improve delivery of its financial services across the globe. The programme, Barclays Kenya Product Lab will give developers access to the institution’s resources to…
Closing Bell: Atlas Development and Support Services Ltd Top Gainer as Nairobi Securities Exchange Limited Declines
Atlas Development and Support Services Ltd Top Gainer as Nairobi Securities Exchange Limited Declines Atlas Development and Support Services Ltd (ADSS) was the top gainer of the day. It gained 9.86% to close at KES 3.90 which was a KES 0.35 gain in share price. Nairobi Securities Exchange Limited (NSE)…
Closing Bell: Pan Africa Insurance Company Ltd Top Gainer as Sasini Ltd Declines
Pan Africa Insurance Company Ltd Top Gainer as Sasini Ltd Declines Pan Africa Insurance Company Ltd (PAFR) was the top gainer of the day. It gained 10% to close at KES 66.00 which was a KES 6.00 gain in share price. Sasini Ltd (SASN) was the top loser of the…
Closing Bell: Kakuzi Limited Top Gainer as Pan Africa Insurance Company Ltd Declines
Kakuzi Limited Top Gainer as Pan Africa Insurance Company Ltd Declines Kakuzi Limited (KUKZ) was the top gainer of the day. It gained 9.76% to close at KES 326.00 which was a KES 29.00 gain in share price. Pan Africa Insurance Company Ltd (PAFR) was the top loser of the…
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