Closing Bell: Eaagads Limited Top Gainer as East African Portland Cement Company Declines
Eaagads Limited Top Gainer as East African Portland Cement Company Declines Eaagads Limited (EGAD) was the top gainer of the day. It gained 9.2% to close at KES 23.75 which was a KES 2.00 gain in share price. East African Portland Cement Company (PORT) was the top loser of the…
Closing Bell: Express Kenya Limited Top Gainer as Kapchorua Tea Company Ltd Declines
Express Kenya Limited Top Gainer as Kapchorua Tea Company Ltd Declines Express Kenya Limited (XPRS) was the top gainer of the day. It gained 10% to close at KES 4.40 which was a KES 0.40 gain in share price. Kapchorua Tea Company Ltd (KAPC) was the top loser of the…
Closing Bell: Uchumi Supermarket Limited Top Gainer as British American Tobacco Kenya Limited Declines
Uchumi Supermarket Limited Top Gainer as British American Tobacco Kenya Limited Declines Uchumi Supermarket Limited (UCHM) was the top gainer of the day. It gained 9.83% to close at KES 9.50 which was a KES 0.85 gain in share price. British American Tobacco Kenya Limited (BAT) was the top loser…
Closing Bell: I&M Holdings Ltd Top Gainer as Atlas Development and Support Services Ltd Declines
I&M Holdings Ltd Top Gainer as Atlas Development and Support Services Ltd Declines I&M Holdings Ltd (I&M) was the top gainer of the day. It gained 4.55% to close at KES 115.00 which was a KES 5.00 gain in share price. Atlas Development and Support Services Ltd (ADSS) was the…
Crown Paints bonus issue stirs market
Crown Paints bonus issue stirs market Crown Paints led the gainers at the stock market last week on the back of a bonus share issue announcement. The stock rose 35.3 per cent to Sh138 even after disappointing full-year 2014 results which saw net profit drop by a massive 91 per…
KRA to miss capital gains tax target by Sh6.8 billion
KRA to miss capital gains tax target by Sh6.8 billion The government is set to miss nearly all of the Sh7 billion it expected from charging capital gains tax (CGT) on stocks and property this financial year, official statistics show. The taxman is expected to collect a paltry Sh200 million…
Mumias Sugar Company lays off 100 staff at closed water bottling plant
Mumias Sugar Company lays off 100 staff at closed water bottling plant Sugar miller Mumias was on Monday preparing to lay off 100 employees of its water bottling plant, which is being wound up as part of the grand plan to rescue the company from collapse. Mumias Sugar Company on Monday…
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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