Closing Bell: Kapchorua Tea Company Ltd Top Gainer as Kenya Airways Limited Declines
Kapchorua Tea Company Ltd Top Gainer as Kenya Airways Limited Declines Kapchorua Tea Company Ltd (KAPC) was the top gainer of the day. It gained 10% to close at KES 242.00 which was a KES 22.00 gain in share price. Kenya Airways Limited (KQ) was the top loser of the…
Tuesday Brief – 24th Feb
Kenya’s Uchumi sinks into red but confident of east Africa expansion Kenya’s Uchumi Supermarkets Ltd posted a mid-year pretax loss after investing in new branches but said it was confident its expansion strategy in east Africa would soon pay off. A rise in staff costs and higher rental prices, including…
5 Things You Should Know This Morning – Oct 9
CBK special units to audit 3 large banks Central Bank of Kenya (CBK) is setting up special supervision units for Kenyan banks with regional subsidiaries to identify the risks. The International Monetary Fund (IMF) says fast expansion of banks into the region has brought fresh risks as regulation in some…
The Stocks We Are Watching Today
The 20-share index took a beating last week Friday as it closed at 4125.74 points, down by 7.54 from the Thursday. The All-share however improved its performance and closed at 91.30 points. Focus shall be maintained on Standard Chartered in light of the chairman’s step down. We shall also be…
Stocks We Are Watching Today
A quick look at the counters we will be watching today.
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