The top gainer of the day at the Nairobi Securities Exchange (NSE) on Thursday was Sameer Africa with 10.00 percent at the price of 3.85 shillings per share followed by Express with a gain of 7.66 percent at the price of 4.50 shillings per share. Umeme was the third gainer of the day with 6.34 […]
The top 5 gainers of the day at the Nairobi Securities Exchange (NSE) were: Nairobi Business Ventures Liberty Kenya Uchumi Supermarket East African Cables Kapchorua Tea Kenya. Nairobi Business Ventures gained 10 percent at the price of 0.66 shillings per share followed by Liberty Kenya with 8.03 percent at the price of 7.80 shillings per […]
East African Cables has restructured a total of Sh498 million worth of loans from SBM Bank Kenya and Ecobank Kenya. FILE PHOTO | NMG East African Cables # has restructured a total of Sh498 million worth of loans from SBM Bank Kenya and Ecobank Kenya, sparing the manufacturer liquidation and asset seizure. The Nairobi Securities […]
The top 5 gainers of the day at the Nairobi Securities Exchange on Wednesday were TPS Eastern Africa (Serena), Umeme, Sameer Africa, Bamburi Cement, and Nation Media Group. TPS Eastern Africa (Serena) gained 9.92 percent at the price of 14.40 shillings per share followed by Umeme with a gain of 9.88 percent at the price […]
Diamond Trust Bank was the top gainer of the day on Thursday at the Nairobi Securities Exchange (NSE) with 6.56 percent at the price of 69.00 shillings per share. Olympia Capital was the second top gainer with 4.91 percent at the price of 2.35 shillings per share followed by the giant telecommunications company, Safaricom who […]
Trans-Century was the top gainer of the day on Thursday with 8.28 percent at the price of 1.83 shillings per share followed by Longhorn Publishers with 7.54 percent at the price of 4.84 shillings per share. The East African Cables was the third gainer with 6.79 percent at the price of 2.36 shillings per share […]
Loss-making investment firm TransCentury is seeking to delist from the Nairobi Securities Exchange (NSE), saying it needs to meet a precondition for accessing new capital from private equity funds. The proposal to take the company private will be put to a shareholder vote at an extraordinary general meeting to be held via electronic means on […]
The market data shows that among actively traded stocks, 27 or 47 per cent of the companies registered gains while 30 or 53 per cent posted losses. FILE PHOTO | NMG Troubled Kenya Airways leads a group of loss-making companies to emerge with the best stocks from a period when the country imposed tight coronavirus […]
TransCentury CEO Ng’ang’a Njiinu (left) hands over the keys to a containerised clinic to Kenyatta National Hospital CEO Evanson Kamuri. FILE PHOTO | NMG The firm, which has operations across East, Central and Southern Africa sought approval from the Capital Markets Authority to delay its financial performance figures for the year 2019 until the end […]
Kenya’s infrastructure investments firm TransCentury Ltd (TCL) has called for an extraordinary general meeting on July 30 seeking shareholders’ approval to delist from the Nairobi Securities Exchange after nine years of falling revenues and plummeting share price in a development. If the proposal is approved then all the issued ordinary shares of the company, comprising […]
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