Closing Bell: Limuru Tea Top Gainer as Car and General Declines
Closing Bell: Limuru Tea Top Gainer as Car and General Declines Limuru Tea (LIMT) was the top gainer of the day. It gained 9.96% to close at KES 1248.00 which was a KES 113.00 gain in share price. Limuru Tea share price to halve after the split which divides its…
Closing Bell: Mumias Sugar Top Gainer as Kenya Airways Declines
Closing Bell: Mumias Sugar Top Gainer as Kenya Airways Declines Mumias Sugar Company (MSC) was the top gainer at the NSE. It gained 8.11% to close the day at KES 2.00 which was a KES 0.15 gain in share price. Kenya Airways (KQ) was…
Closing Bell: Williamson Tea Kenya top Gainer of the day
Closing Bell: Williamson Tea Kenya top Gainer of the day Williamson Tea Kenya (WTK) was the top gainer at the NSE. It gained 32.08% to close the day at KES 350 which was a KES 85 gain in share price. Uchumi Supermarket Limited (UCHM) was the…
Closing Bell: NIC Bank Top Gainer as BOC Gases Declines
Closing Bell: NIC Bank Top Gainer as BOC Gases Declines NIC Bank was the top gainer at the NSE. It gained 5.88% to close the day at KES 54.00 which was a KES 3.00 gain in share price. BOC gases was the top loser with a loss of 5.51% to…
Treasury scraps controversial 5pc capital gains tax after rejection
Treasury scraps controversial 5pc capital gains tax after rejection Treasury secretary Henry Rotich has scrapped the controversial five per cent tax on the gains made from selling shares and instead introduced a 0.3 per cent withholding tax on sales value. Resistance by the Kenya Association…
Closing Bell: Standard Chartered Bank Top Gainer at the NSE
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
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…
Centum to inject Sh1.2bn bond proceeds into K-Rep
Centum to inject Sh1.2bn bond proceeds into K-Rep Centum is set to inject Sh1.2 billion additional capital into K-Rep Bank from the proceeds of its Sh6 billion bond whose sale kicked off on Monday. The listed investment firm disclosed in its information memorandum for the fixed-rate and equity-linked notes that…
TransCentury stock value drops by 67pc since listing in 2011
TransCentury stock value drops by 67pc since listing in 2011 TransCentury Limited shareholders have seen the value of their holdings in the company plummet by two-thirds over the past four years, a sign that the share may have been too optimistically priced during its listing by introduction. TransCentury was valued at…
NSE firms owners’ 2014 earnings up by Sh13.4 billion
NSE firms owners’ 2014 earnings up by Sh13.4 billion NSE firms have paid Sh13.4 billion more in dividend to shareholders for the 2014 financial year with banks and telecoms operator Safaricom owners topping the list of beneficiaries. Dividend payout for the period between January 2014 and March this year stood at…
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