Closing Bell: Eaagads Limited Top gainer as Liberty Kenya Holdings Declines Eaagads Limited (EGAD) was the top gainer at the NSE. It gained 9.09% to close the day at KES 36.00 which was a KES 3.00 gain in share price. Liberty Kenya Holdings (CFCI) was the top loser with a…

NSE welcomes pro-investor budget measures Nairobi Securities Exchange (NSE) officials have applauded three of the measures proposed in Treasury secretary Henry Rotich’s budget statement Thursday. For example, exemption of shares from Capital Gains Tax (CGT); plans to introduce mobile-based bond purchases. Exemption from stamp duty of…

Closing Bell: Standard Chartered Bank Top Gainer at the NSE Standard Chartered Bank Kenya (SCBK) was the top gainer at the NSE. It gained 4.21% to close the day at KES 297.00 which was a KES 12.00 gain in share price. Mumias Sugar Company (MSC) was the top loser with…

Closing Bell: Eaagads Limited Top Gainer as Unga Limited Declines Eaagdas limited (EGAD) was the top gainer at the NSE. It gained 10% to close the day at KES 33.00 which was a KES 3.00 gain in share price. Unga Group Limited (UNGA) was the top loser with a drop…

Co-op Bank sees Sh1.8bn boost after McKinsey reforms The Co-operative Bank estimates that it will get a Sh1.8 billion profit boost from cost savings and operating efficiencies resulting from last year’s restructuring that led to 160 staff layoffs. Co-op Bank says the restructuring process which it completed in December at…