Delegates during a Kenya Reinsurance Corporation (Kenya Re) investors briefing on August 2, 2019. FILE PHOTO | SALATON NJAU | NMG Five Nairobi Securities Exchange (NSE)-listed firms have announced delaying the release of their full-year results citing the need for more time to complete audit processes. Kenya Reinsurance Corporation (Kenya Re) is the latest company […]
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Kenya: Corporates Plunge Into Losses in Excess of Sh60 Billion
It was a terrible last week for chief executive officers of listed companies some having to pose before cameras to reveal losses in billions of shillings offering a glimpse into the gravity of Covid-19 on corporate Kenya. As companies rushed to beat the April 30 reporting deadline, it emerged that corporate Kenya has booked losses […]
Olympia Capital Tops Second Day Of Feb At The NSE
KEY POINTS Safaricom is still leading the table of top mover selling 10.44 million shares today followed by Equity Group and KCB Group with 5.80 and 3.50 million shares respectively. Olympia Capital was the top gainer of the day on February 2, 2021, at the NSE with 9.09 percent at the price of 2.40 shillings […]
NSE Tops Its Own Platform During The Sessions On Wednesday
KEY POINTS KCB Group was the top mover of the day after selling 5.02 million shares followed by Safaricom with 3.18 million shares. Kenya Power and Kenya Re-Insurance sold 1.48 and 1.06 million Nairobi Securities Exchange was the top gainer of the day with 7.82 percent at the price of 9.10 shillings per share followed […]
Centum Investments Was The Top Gainer Of The Day
KEY POINTS Safaricom is still the top mover of the day after selling 14.32 million shares followed by Equity Group with 5.83 million shares. Kenya Power and Kenya Re-Insurance sold 755,500 and 432,800 shares respectively. The top gainer of the day (Wednesday, January 27, 2020) was Centum Investments Limited with 5.92 percent at the price […]
Why NSE listing drought may persist
NSE Chief Executive Geoffrey Odundo. [David Gichuru, Standard] After four years, Homeboyz Entertainment seems to have ended the listing drought at the Nairobi Securities Exchange (NSE), becoming the first entertainment firm to join the bourse. The listing by way of introduction came through the Growth Enterprise Market Segment (Gems). Gems was set up in 2013, […]
Top 5 Gainers, Losers And Movers At The NSE On Jan 13
On Wednesday, the markets closed with Sanlam Kenya emerging as the top gainer of the day with 8.33 percent at a price of 13.00 shillings per share. The second top gainer of the day was BK Group with 7.89 percent at the price of 20.50 shillings per share followed by HK Group with a gain […]
Homeboyz Entertainment debuts on the Nairobi Security Exchange
Homeboyz Entertainment PLC has today listed on the Nairobi Securities Exchange (NSE) under the Growth Enterprise Market Segment (GEMS) following approvals from the regulator. Under the listing, Homeboyz will list 63.2 Million shares at a price of Ksh 4.60 per share under the ticker HBE. AIB-AXYS are the transaction advisors (formerly AIB Capital). Prior to […]
Kenya: Rabars Reveals Sh294m Net Worth in Homeboyz
The Rabar family has revealed its Sh294.5 million fortune in Homeboyz Entertainment (HBE) as they defied Covid-19 headwinds to list the company on the Nairobi bourse yesterday. The listing statement puts each share of the company at Sh4.66 with the former DJ-turned entertainment and events organiser Myke Rabar holding 35.612 million shares worth Sh165.95 million. […]
Rabars reveals Sh294m net worth in Homeboyz
The Rabar family has revealed its Sh294.5 million fortune in Homeboyz Entertainment (HBE) as they defied Covid-19 headwinds to list the company on the Nairobi bourse yesterday. The listing statement puts each share of the company at Sh4.66 with the former DJ-turned entertainment and events organiser Myke Rabar holding 35.612 million shares worth Sh165.95 million. […]