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 […]
Inspired by double Olympic champion Faith Kipyegon, Purity Chepkirui sprinted to victory in the women’s 1500m race at the World Athletics Under-20 Championships, crossing the line in a time of 4mins 16.07secs. Chepkirui stood off pressure from Ethiopia’s Diribe Welteji to clinch the title as compatriot Winnie Jemutai came home third for bronze. “This was […]
The sentiment was mixed on African equity markets this week. Among the 17 markets we cover, nine advanced while six retreated mildly and two remained flat. The BRVM led the pack as equities in Abidjan gained 3.13%. Conversely, the Johannesburg Stock Exchange was the laggard. South African equities dropped 4.86% this week, the most on […]
From Lagos to Johannesburg to Nairobi to Cairo and other major African markets, African stock markets may soon collapse the walls and open up for a synchronised market that allows everyone to trade and deal across the countries, through a simple push of button. Deputy Group Business Editor, Taofik Salako reports on the ongoing process […]
Safaricom ( NSE:SCOM ) and Nairobi Securities Exchange (NSE) have today announced their partnership to enable customers invest in stocks by redeeming their accrued bonga points. The service will be available to all safaricom mobile users who will redeem their bonga points though licensed Trading Partcipants .During this initial phase ten (10) Trading participants are […]
[Courtesy] Every year on August 26, the world joins the United States of America in marking the Women’s Equality Day – a day that was designated by the US Congress in 1971 to commemorate the 1920 passage of the 19th Amendment to the US Constitution, granting women the right to vote. Half a century on, […]
A display of listed equities at the NSE. PHOTO | CITIZEN DIGITAL Half of retirement schemes posted returns of 5.4 per cent in the second quarter of 2021 to extend gains of through the half year stage. Greater returns for the pension assets have been attributed to the strong performance of the equities market and […]
Safaricom’s share price ( NSE:SCOM ) hit a new record Thursday, earning investors Sh78.13 billion in a week and lifting the Nairobi Securities Exchange (NSE) to a 39-month high. The stock closed at a volume-weighted average of Sh43 on the Nairobi bourse Thursday compared to Sh41.05 on Tuesday last week. The gains sent the telco’s […]
A stockbroker at the Nairobi Securities Exchange trading floor. FILE PHOTO | NMG British gold miner Papillon is set to list on the Nairobi Securities Exchange (NSE) mainboard in September after completing the first phase of its dual listing at the London Stocks Exchange this month. The company will be renamed Caracal Gold following a […]
Stockbrokers bid at the Nairobi stock exchange during the last open outcry trading system in the capital Nairobi, September 8, 2006. PHOTO | POOL The rally being witnessed in pockets of the Nairobi Securities Exchange (NSE) is a sign that local and foreign investors are willing to bet on Kenya. The entire market capitalisation has […]
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