KEY POINTS Umeme was the top gainer of the day on Thursday with 9.38 percent at the price of 7.00 shillings per share. The second top gainer was Stanlib Fahari Income – REIT with 3.55 percent at the price of 7.00 shillings per share. Umeme was the top gainer of the day on Thursday with […]
Tag: nairobi business ventures
BK Group Ends The Week As Top Gainer, Unga Group Tails
KEY POINTS The top gainer of the day was BK Group with 8.05 percent at the price of 38.25 shillings per share. It was followed by Britam Holdings with 5.06 percent at the price of 8.30 shillings per share. The top gainer of the day was BK Group with 8.05 percent at the price of […]
Top 5 Gainers, Losers And Movers At The NSE On Tuesday
Top gainers The top 5 gainers of the day at the Nairobi Securities Exchange (NSE) were Stanbic Holdings, Stanlib Fahari Income – REIT, Sasini, Bamburi Cement, and Carbacid Investments. Stanbic Holdings gained 3.76 percent at the price of 89.75 shillings per share followed by Stanlib Fahari Income – REIT with 2.65 percent at the price […]
Scangroup, Nairobi Business Ventures postpone financial results to end-month
NSE CEO Geoffrey Odundo,NBV (Nairobi Business Ventures) Chairman Haresh Soni,NSE Chairman Kiprono Kittony and ABC Group Managing Director Shamaz Savani at NBV’s Bell ringing ceremony NBV listed an additional 415 million shares on the NSE. [Wilberforce Okwiri,Standard] Listed marketing firm WPP Scangroup and leather retail chain Nairobi Business Ventures (NBV) have further delayed publication of […]
Safaricom’s allure poses headache for big investors
Safaricom Chief Executive Officer Peter Ndegwa. [Wilberforce Okwiri,Standard] Mobile phone operator Safaricom is indisputably the most profitable company in Eastern and Central Africa. No company comes close to the telco, which recently made an incursion into Ethiopia after Addis Ababa liberalised its telecommunications sector. Yet, Safaricom’s dominance does not end in the goods and services […]
Why retail investors have shunned NSE’s alternative market segment
NSE CEO Geoffrey Odundo, Nairobi Business Ventures Chairman Haresh Soni, NSE Chairman Kiprono Kittony and ABC Group Managing Director Shamaz Savani at NBV’s Bell ringing ceremony. [Wilberforce Okwiri,Standard] When the Nairobi Securities Exchange (NSE) launched the Growth and Enterprise Segment (GEMS) in 2013, there was optimism across the board that this would be the major […]
Options when a business goes bust
Nakumatt Supermarket at West Side Mall in Nakuru: [Harun Wathari,Standard] In 2016, Nairobi Business Ventures (NBV) was one of the most hyped listings at the Nairobi Securities Exchange (NSE). NBV was the first foot wear firm to trade at the bourse and the founders targeted to sell ten million shoes annually. The retailer, which operated […]
Kenya: Shoe company minting billionaires at the NSE
Shares of the little-known Nairobi Business Ventures ( NSE:NBV ) have staged the biggest short-term rallies on the history of the Nairobi bourse, lifting the wealth of its founders by hundreds of millions of shillings and benefiting early speculators. The company, which used to sell the K-Shoe brand of shoes, started trading on the Nairobi […]
Shoe company minting billionaires at the NSE
Shares of the little-known Nairobi Business Ventures (NBV) have staged the biggest short-term rallies on the history of the Nairobi bourse, lifting the wealth of its founders by hundreds of millions of shillings and benefiting early speculators. The company, which used to sell the K-Shoe brand of shoes, started trading on the Nairobi Securities Exchange […]
NSE hits 39-month high on Safaricom and Equity
Investors’ wealth at the Nairobi Securities Exchange (NSE) yesterday hit a 39-month high, adding them Sh101.6 billion in the last one month on the back of a rally of Safaricom and Equity Bank stocks. NSE data shows the market recorded the third straight day of gaining to close yesterday valued at Sh2.785 trillion. Market capitalisation […]