Bamburi profit jump bucks rival firms trend Cement maker Bamburi has reported a 50.4 per cent jump in net profit to Sh5.8 billion for the year ended December, in a sharp contrast to the fortunes of its NSE-listed rivals ARM Cement and EAPCC which are in…

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…

KenGen woos investors to tap surplus power The Kenya Electricity Generating Company (KenGen) has disputed claims that its energy expansion plan will result in unutilised surplus. The electricity generator says it will invest in reserve energy from green sources, in anticipation of higher demand from the…

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…

Nation Media Group Top Gainer as TransCentury Limited Declines Nation Media Group (NMG) was the top gainer of the day. It gained 8.33% to close at KES 195, which was a KES 15.00 gain in share price. TransCentury Limited (TCL) was the top loser of the day. It had a…

Carbacid Investments Limited Top Gainer as Uchumi Supermarket Limited Declines Carbacid Investments Limited (CARB) was the top gainer of the day. It gained 9.70% to close at KES 16.40, which was a KES 1.45 gain in share price. Uchumi Supermarket Limited (UCHM) was the top loser of the day. It had…

Kakuzi Limited  Top Gainer as Sameer Africa Limited Declines Kakuzi Limited (KUKZ) was the top gainer of the day. It gained 10% to close at KES 330.00, which was a KES 30.00 gain in share price. Sameer Africa Limited (FIRE) was the top loser of the day. It had a…

Investors demand higher interest for Treasury bills Investors are demanding higher interest rates for the six-month and one-year government Treasury bills as the market continues with its risk-averse approach to longer-dated fixed-income investment over uncertainties in the interest rate environment. Auction results from last week’s…

Housing Finance Top Gainer as BAT Kenya Declines Housing Finance Company Limited (HFCK) 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 (BAT) was the top loser of the day. It had…

Kakuzi Limited Top Gainer as East African Portland Cement Declines Kakuzi Limited was the top gainer of the day. It gained 5.88% to close at KES 360.00, which was a KES 20.00 gain in share price. East African Portland Cement (PORT) was the top loser of the day. It had…