NSE November Trading Highlights
Some of the key highlights were: The NSE 20 Share Index gained 3.8% to close at 4016 compared to 3868 in October while the NSE All Share Index gained 4.72% to close at 143 compared to 137 in October. Equity Turnover for the month of November dropped by 26.28% to KES 13.15…
Safaricom value jumps ahead of next top 5 NSE firms
Safaricom value jumps ahead of next top 5 NSE firms Safaricom’s capital gain in the midst of a general price decline at the Nairobi Securities Exchange (NSE) has pushed its capitalisation ahead of the five next largest companies in the bourse. Safaricom is currently valued at…
Closing Bell: Eaagads Limited Top Gainer as Atlas Development and Support Services Ltd Declines
Eaagads Limited Top Gainer as Atlas Development and Support Services Ltd Declines Eaagads Limited (EGAD) was the top gainer of the day. It gained 9.46% to close at KES 20.25 which was a KES 1.75 gain in share price. Atlas Development and Support Services Ltd (ADSS) was the top loser…
Closing Bell: Total Kenya Ltd Top Gainer as Kenya Commercial Bank Ltd Declines
Total Kenya Ltd Top Gainer as Kenya Commercial Bank Ltd Declines Total Kenya Ltd (TOTL) was the top gainer of the day. It gained 4.44% to close at KES 20.00 which was a KES 0.85 gain in share price. Kenya Commercial Bank Ltd (KCB) was the top loser of the…
Closing Bell: Kapchorua Tea Company Top Gainer as Kenya Commercial Bank Ltd Declines
Kapchorua Tea Company Top Gainer as Kenya Commercial Bank Ltd Declines Kapchorua Tea Company Ltd (KAPC) was the top gainer of the day. It gained 10% to close at KES 220.00 which was a KES 20.00 gain in share price. Kenya Commercial Bank Ltd (KCB) was the top loser of…
Saturday Brief – 21st Feb
Shilling stuck in a tight range against dollar The Kenyan shilling was stable against the dollar on Friday and traders said it was likely to trade in a tight range over the next few days. At 0755 GMT, commercial banks posted the shilling at 91.40/50 per dollar, unchanged from the…
Thursday’s Morning Brief – Nov 13
Tullow moves to appease locals with car lease contracts British exploration firm Tullow Oil has stepped up efforts to ease tension between the company and Turkana residents with the award of KES 225 million car-lease contracts to 36 local companies. Protests by locals demanding more jobs and business opportunities at the…
Why Co-operative Bank Of Kenya Shares Have Risen 10% In Two Weeks
Co-operative Bank of Kenya (COOP) announced last week but one that they were hiring global consulting firm, McKinsey & Company, for advice on improving operational efficiency. Investors took notice. Cooperative bank’s shares have risen by over 10% in the last two weeks, from KES 19.35 as…
8 Things You Should Know This Morning
1. Samsung Pilots Paperless Learning in Kenya Local primary schools may soon shun the use of exercise books and blackboards after Samsung Electronics East Africa embarked on a pilot program geared at transforming traditional classrooms to multimedia teaching environments. In a development that could herald…
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