Closing Bell: Uchumi Supermarket Limited Top Gainer as TPS Eastern Africa Limited (Serena Hotels) Declines
Uchumi Supermarket Limited Top Gainer as TPS Eastern Africa Limited (Serena Hotels) Declines Uchumi Supermarket Limited (UCHM) 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. TPS Eastern Africa Limited (Serena Hotels) (TPSE) was the…
Closing Bell: East African Cables Limited Top Gainer as Longhorn Publishers Limited Declines
East African Cables Limited Top Gainer as Longhorn Publishers Limited Declines East African Cables Limited (CABL) was the top gainer of the day. It gained 9.56% to close at KES 7.45 which was a KES 0.65 gain in share price. Longhorn Publishers Limited (LKL) was the top loser of the…
Ecobank picks Nairobi as eastern, central, southern regional hub
Ecobank picks Nairobi as eastern, central, southern regional hub Ecobank Kenya is set to be upgraded to be the regional hub of operations for 18 countries in a move that boosts Nairobi’s ambitions of being an international financial centre. The pan-African lender is restructuring its regional…
Kenya Power profit drops 16pc despite surge in connections
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…
Closing Bell: Eveready East Africa Limited Top Gainer as Longhorn Publishers Limited Declines
Eveready East Africa Limited Top Gainer as Longhorn Publishers Limited Declines Eveready East Africa Limited (EVRD) was the top gainer of the day. It gained 9.09% to close at KES 3.00 which was a KES 0.25 gain in share price. Longhorn Publishers Limited (LKL) was the top loser of the…
Closing Bell: Crown Paints Kenya Limited Top Gainer as East African Portland Cement Company Declines
Crown Paints Kenya Limited Top Gainer as East African Portland Cement Company Declines Crown Paints Kenya Limited (BERG) was the top gainer of the day. It gained 9.48% to close at KES 63.50 which was a KES 5.50 gain in share price. East African Portland Cement Company (PORT) was the…
Closing Bell: Home Afrika Ltd Top Gainer as Williamson Tea Kenya Limited Declines
Home Afrika Ltd Top Gainer as Williamson Tea Kenya Limited Declines Home Afrika Ltd (HAFR) was the top gainer of the day. It gained 9.09% to close at KES 1.80 which was a KES 0.15 gain in share price. Williamson Tea Kenya Limited (WTK) was the top loser of the…
Closing Bell: Olympia Capital Holdings Ltd Top Gainer as Williamson Tea Kenya Limited Declines
Olympia Capital Holdings Ltd Top Gainer as Williamson Tea Kenya Limited Declines Olympia Capital Holdings Ltd (OCH) was the top gainer of the day. It gained 9.52% to close at KES 4.60 which was a KES 0.40 gain in share price. Williamson Tea Kenya Limited (WTK) was the top loser…
Centum seeks more shares of Coca-Cola bottling firms
Centum seeks more shares of Coca-Cola bottling firms NSE-listed investment company Centum is set to buy more shares in Almasi Beverages, signalling its intention to possibly take full ownership of the holding company of three Coca-Cola bottlers that it owns. Centum has made a limited offer…
Uchumi targets Sh5bn from new strategic investor
Uchumi targets Sh5bn from new strategic investor Uchumi Supermarkets is looking for a strategic investor to take a controlling stake in the retailer in exchange for a Sh5 billion capital injection. Uchumi plans to create an additional one billion shares to accommodate the new investor, which…
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