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Closing Bell: Kakuzi Limited Top Gainer as Flame Tree Declines

Kakuzi Limited (KUKZ) was the top gainer at the NSE today. It gained 7.14% to close the day at KES 300.00 which was a KES 20 gain in share price. Flame Tree Group Holdings was the top loser at the NSE with a drop of 7.87% to close the day…
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Closing Bell: Standard Group Limited Top Gainer as CFC Stanbic Declines

Standard Group Limited (SGL) was the top gainer at the Nairobi Securities Exchange. The counter had a gain of 9.77% to the close the day at KES 36.50. This was a KES 3.25 gain in share price. CFC Stanbic Holdings Limited (CFC) closed the day as the top loser registering…
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NSE sets stage for counties to raise health funds from Reits

NSE sets stage for counties to raise health funds from Reits The Nairobi Securities Exchange (NSE) has announced it will launch Real Estate Investment Trust (Reit) for the health and water sectors in the counties. The NSE said it is ready to launch share units for both income and development…
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Treasury raises Sh24bn from 12-year reopened bond

Treasury raises Sh24bn from 12-year reopened bond The 12-year Sh25 billion infrastructure bond tap sale (reopening) has raised Sh24 billion, meaning the Treasury has achieved its target of netting Sh50 billion from the issue. All the subscriptions to the bond were accepted and allotted at the same fixed yield rate…
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