The top five gainers of the day at the Nairobi Securities Exchange (NSE) on Wednesday were I & M Holdings, Barclays NewGold ETF, East African Breweries Limited, Britam Holdings, and Total Kenya. I & M Holdings gained 3.89 percent at the price of 46.75 shillings per share followed by Barclays NewGold ETF with a gain […]
Kenya’s stock market hit a new 17-year low in Tuesday’s trading as most stocks continued to suffer losses. The benchmark NSE 20 Share Index closed at 1,794.6 points, a level last seen on April 28, 2003. The performance has pushed the current bear market to five-and-a-half years, with the index falling 67.3 per cent from […]
WPP ScanGroup was the largest loser at the Nairobi Securities Exchange (NSE) on Wednesday. The company lost 43.77 percent at the price of 11.05 shillings per share. The second top loser was Longhorn Publishers with 8.16 percent at the price of 4.50 shillings per share followed by Trans-Century with a loss of 7.65 percent at […]
The top gainer of the day on Tuesday was Home Afrika with 9.09 percent at the price of 0.48 shillings per share followed by Bamburi Cement with 7.31 percent at the price of 27.90 shillings per share. ABSA Bank Kenya gained 3.77 percent at the price of 9.36 shillings per share followed by Stanbic Holding […]
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 […]
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 […]
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 […]
Giant telecommunications company, Safaricom was the top mover of the day on Tuesday at the Nairobi Securities Exchange (NSE). The telecom sold 19.23 million shares at a market capitalization of 1.08 trillion shillings. Kenya Power and Lighting Company was the second top mover of the day with 3.30 million shares with a market capitalization of […]
A new mega cement plant is set to be constructed in Tanzanian city of Tanga, a move that promises cutthroat competition in an industry that is already facing a myriad of challenges such as price wars, high power costs, cheap imports and counterfeits. Compensation has started for 94 residents to pave way for construction of […]
Kampala – Hima Cement Hima Cement Ltd, a subsidiary of Bamburi Cement Group and Jumia Uganda the leading e-commerce platform on Wednesday announced an exciting Partnership aimed at driving flexibility and convenience for cement customers. Customers will from 1st July 2020, access the wide selection of Hima cement solutions on Jumia, Africa’s leading e-commerce platform. […]
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