Investor wealth at the Nairobi Securities Exchange (NSE) dipped by Sh1 billion during the first trading day of the New Year Monday, data showed, halting two weeks of gains. The combined investor wealth at the bourse closed at Sh2.335 trillion amid a recovery in trading activities. This is in contrast with Sh2.336 trillion on the […]
A display of listed equities at the NSE. PHOTO | CITIZEN DIGITAL The Nairobi Securities Exchange (NSE) will be hoping for a lift in 2021 with trading resuming for the New Year on Monday. Among key remedial measures sought will be the lure of foreign investors whose exodus in 2020 caved a hole in the […]
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 […]
At least 14 companies have issued profit warnings this year, with most blaming the economic fallout from the Covid-19 pandemic for their weaker earnings. Britam Holdings , Absa Bank Kenya , East African Breweries Limited ( EABL ), Kenya Power , East African Cables , Kenya Orchards , Longhorn Publishers , Nairobi Business Ventures , […]
NAIROBI, KENYA: The Nairobi Securities Exchange (NSE) has lifted the suspension in trading of Nairobi Business Ventures (NBV) Ltd securities. This follows the suspension of trading effected on the security mid last month to allow for the completion of the company’s restructuring exercise. This includes a share split, allotment and issuance of shares to Delta […]
The Nairobi Business Ventures #ticker:NBV (NBV) share is the biggest gainer this year at the Nairobi Securities Exchange #ticker:NSE, boosted by a big rally earlier this month following the Sh83 million takeover of the firm by Dubai-based Delta International FZE. Media, manufacturing and banking stocks on the other hand have been the worst hit by […]
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. […]
Troubled shoe and leather accessories retailer, Nairobi Business Ventures Limited (NBV), has been ordered by a court to pay Sh5.2 million to local investment company or face liquidation. This follows the issuing of an insolvency notice by the High Court in Nairobi and its subsequent publication in the dailies on Wednesday December 23. In the […]
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. […]
Investment brokers at the NSE. FILE PHOTO | NMG De-equitisation is the latest buzzword in financial markets. Its origin comes as a result of the global substantial fall off in the number of listed companies on exchanges and fewer entities going public. The bigger markets such as London (shrinkage of 707 companies over the past […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.