Closing Bell: Home Afrika Ltd Top Gainer as Uchumi Supermarket Limited Declines
Home Afrika Ltd Top Gainer as Uchumi Supermarket Limited Declines Home Afrika Ltd (HAFR) was the top gainer of the day. It gained 8.33% to close at KES 1.95 which was a KES 0.15 gain in share price. Uchumi Supermarket Limited (UCHM) was the top loser of the day. It…
Closing Bell: Sameer Africa Limited Top Gainer as TPS Eastern Africa Limited (Serena Hotels) Declines
Sameer Africa Limited Top Gainer as TPS Eastern Africa Limited (Serena Hotels) Declines Sameer Africa Limited (FIRE) was the top gainer of the day. It gained 8.45% to close at KES 3.85 which was a KES 0.30 gain in share price. TPS Eastern Africa Limited (Serena Hotels) (TPSE) was the…
Closing Bell: Unga Group Limited Top Gainer as Longhorn Publishers Limited Declines
Unga Group Limited Top Gainer as Longhorn Publishers Limited Declines Unga Group Limited (UNGA) was the top gainer of the day. It gained 9.93% to close at KES 38.75 which was a KES 3.50 gain in share price. Longhorn Publishers Limited (LKL) was the top loser of the day. It…
Stock market dip wipes out billions in pension savings
Stock market dip wipes out billions in pension savings A year-long bear market at the Nairobi Securities Exchange has eaten deeply into retirement savings, leaving pension funds with returns below the average rate of inflation, a newly-released industry report says. Retirement schemes returned 0.5 per cent…
Kenya Power profit drops 16pc despite surge in connections
Kenya Power profit drops 16pc despite surge in connections Kenya Power announced a 16.4 per cent drop in net profit for the half year ended December, as increased expenditure offset additional income earned from connecting an additional 1.1 million customers in the period. The profit drop…
Treasury to cut 2015/16 local borrowing by a quarter, Rotich says
Treasury to cut 2015/16 local borrowing by a quarter, Rotich says Kenya will cut its planned domestic borrowing for the 2015/16 (July-June) fiscal year by about a quarter to Sh168 billion ($1.65 billion), on the back of expenditure cuts of 1 per cent of GDP,…
Eveready inks distribution deal with US-based manufacturer
Eveready inks distribution deal with US-based manufacturer Eveready East Africa Ltd has partnered with Clorox sub-Sahara Africa Ltd – a regional subsidiary of the global household products manufacturer Clorox – to supply and distribute household products such as bleaches under the brand name Clorox. According to…
Closing Bell: Sasini Limited Top Gainer as British American Tobacco Kenya Limited Declines
Sasini Limited Top Gainer as British American Tobacco Kenya Limited Declines Sasini Ltd (SASN) was the top gainer of the day. It gained 9.64% to close at KES 22.75 which was a KES 2.00 gain in share price. British American Tobacco Kenya Limited (BAT) was the top loser of the day. It had…
Closing Bell: TransCentury Limited Top Gainer as Jubilee Holdings Limited Declines
TransCentury Limited Top Gainer as Jubilee Holdings Limited Declines TransCentury Limited (TCL) was the top gainer of the day. It gained 9.42% to close at KES 7.55, which was a KES 0.65 gain in share price. Jubilee Holdings Limited (JUB) was the top loser of the day. It had a loss of 8.20%…
Closing Bell: Eaagads Limited Top Gainer as British-American Investments Company (Kenya) Ltd Declines
Eaagads Limited Top Gainer as British-American Investments Company (Kenya) Ltd Declines Eaagads Limited (EGAD) was the top gainer of the day. It gained 9.76% to close at KES 22.50 which was a KES 2.00 gain in share price. British-American Investments Company (Kenya) Ltd (BRIT) was the top loser of the…
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