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5 Things You Should Know This Morning – Oct 2

Kenyan shilling steady, stocks a fraction higher At 1300 GMT, commercial banks quoted the shilling at 89.25/45 to the dollar, compared with Tuesday’s close of 89.30/40. Traders said there were some dollar inflows from tea exporters and non-governmental organisations, which countered the demand for the U.S. currency. On the Nairobi Securities Exchange, the main NSE-20 Share Index…
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Oct 1 Closing Bell: Longhorn Kenya Top Gainer At The NSE

The winners Longhorn Kenya‘s price appreciated 9.8% today. At the close of trading, its share was fetching KES 28.00. This is the third day since Monday that the publisher’s share has ended the day among the top five gainers. Other shares that rose in value were…
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Nairobi Securities Exchange Picks Acting CEO

The Board of Directors of the Nairobi Securities  Exchange has appointed Mr. Andrew Wachira as the Acting Chief Executive of the Exchange effective today. This follows the exit of Mr. Peter Mwangi as the Chief Executive on September  30, 2014. Mr Mwangi will be heading to Old Mutual Kenya to serve as…
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8 Things You Should Know This Morning

1. 14.3 Millions Kenyans Registered to Vote in March Some 14.3 million Kenyans have registered as voters for the general elections due in March 2013, the Kenyan electoral body said on Thursday. A total of 14,337,399 voters signed up during the registration…
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8 Things You Should Know This Morning

1. NSE Eyes Mining Sector with New Market Segment The Nairobi Securities Exchange is fast tracking operations in the Growth Enterprise Market Segment (GEMS) to attract incoming players in the natural resources and mining sector. This will help the companies listed in the segment to…
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8 Things You Should Know This Morning

IEBC sets out to list nomadic pastoralists, Somail rebels put a bounty on Kenyan fighters and Safaricom goes to court. All these and more on "8 Things You Should Know This Morning".
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Power Up or Lose Out on Dividends

Our monitor of the listed media houses revealed one thing, that stock price matters. Nation Media Group closed at KES 228, up by one shilling while Standard Group closed at KES 22.75, up 25 cents. Relevance of the change in price can be spotted when…
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The CMC Soap Opera: Battles in Court, Part 2

on Monday we got to the part where things had just begun to heat up. Now the fun begins. Peter Muthoka is suing everybody in sight and PwC's professional standards are questioned.
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The CMC Soap Opera: Battles in Court, Part 1

In the continuing CMC Saga we now look at what happened in court, Muthoka Vs Kibe and a new player enters the scene, the Capital Markets Authority.
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Some Factors To Look-out For Before Investing

The end of trading yesterday saw the 2 banks under our watch become top traders by volume. There was no change in price for either. Operations at the Nairobi Securities Exchange (NSE) saw both the All-share and the 20-share indices closed higher at 92.59 points and 4158.38 points respectively.
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