Here Are The Top 5 Movers, Gainers And Losers At The NSE On Monday

Here Are The Top 5 Movers, Gainers And Losers At The NSE On Monday

November, Monday 2, 2020: Safaricom was the top mover of the day after moving 7.89 million shares at a market capitalization of 1.25 trillion followed by Bamburi Cement with 1.78 million shares at a market capitalization of 8.28 billion shillings. Equity Group moved 1.09million shares at a market capitalization of 125.85 billion shillings while East […]

East African Cables receiver manager quits after Ecobank deal

East African Cables receiver manager quits after Ecobank deal

A receiver appointed to take over the management of certain assets of East African Cables has ended his mandate after the Nairobi Securities Exchange-listed firm reached an agreement with Ecobank Kenya Limited whose Sh188 million it had failed to pay. Ecobank advanced the cash to the company through debentures –an agreement in which the borrower […]

Loss-making firms rule NSE list of top gainers

Loss-making firms rule NSE list of top gainers

Nairobi Securities Exchange. FILE PHOTO | NMG Loss-making firms have dominated the top 10 list of stocks on the Nairobi Securities Exchange #ticker:NSE (NSE) that recorded price gains since the start of the year despite Covid-19-related economic disruptions. A review shows that stocks of firms such as Kenya Airways #ticker:KQ, Uchumi Supermarkets #ticker:UCHUM, Sameer Africa […]