A receiver appointed to take over the management of certain assets of East African Cables has ended his mandate after the Nairobi Securities Exchange-listed firm reached an agreement with Ecobank Kenya Limited whose Sh188 million it had failed to pay. Ecobank advanced the cash to the company through debentures –an agreement in which the borrower […]
Tag: XNAI_CABL
Top 5 Gainers, Losers And Movers At The NSE On Tuesday
The top gainer of the day on Wednesday at the Nairobi Securities Exchange was Nairobi Business Ventures with 9.09 percent at the price of 0.60 shillings per share. Standard Chartered Bank was the second top gainer with 5.99 percent at the price of 163.75 shillings per share followed by Sanlam Kenya with 5.37 percent at […]
Sameer Africa Emerges As Top Loser At The NSE On Thursday
The top loser of the day at Nairobi Securities Exchange (NSE) ON Thursday was Sameer Africa with a loss of 10.00 percent at the price of 3.60 shillings per share. Unga Group was the second top loser with 9.09 percent at the price of 30.00 shillings per share followed by Trans-Century with 8.82 percent at […]
Top 5 Gainers, Losers And Movers At The NSE On Wednesday
The top 5 gainers of the day at the Nairobi Securities Exchange (NSE) on Wednesday were Nairobi Business Ventures, Flame Tree Group, Nation Media Group, NCBA Group, and East African Cables. Nairobi Business Ventures gained 10.00 percent at the price of 0.66 shillings per share followed by Flame Tree Group with 5.38 percent at the […]
Sameer Africa Carries Thursday With 10% Gain At The NSE
The top gainer of the day at the Nairobi Securities Exchange (NSE) on Thursday was Sameer Africa with 10.00 percent at the price of 3.85 shillings per share followed by Express with a gain of 7.66 percent at the price of 4.50 shillings per share. Umeme was the third gainer of the day with 6.34 […]
The Top 5 Gainers, Losers And Movers Of The Day
The top 5 gainers of the day at the Nairobi Securities Exchange (NSE) were: Nairobi Business Ventures Liberty Kenya Uchumi Supermarket East African Cables Kapchorua Tea Kenya. Nairobi Business Ventures gained 10 percent at the price of 0.66 shillings per share followed by Liberty Kenya with 8.03 percent at the price of 7.80 shillings per […]
East Africa Cables gets more time to repay Sh498m loans
East African Cables has restructured a total of Sh498 million worth of loans from SBM Bank Kenya and Ecobank Kenya. FILE PHOTO | NMG East African Cables # has restructured a total of Sh498 million worth of loans from SBM Bank Kenya and Ecobank Kenya, sparing the manufacturer liquidation and asset seizure. The Nairobi Securities […]
Top 5 Gainers, Losers And Movers At The NSE On Wednesday
The top 5 gainers of the day at the Nairobi Securities Exchange on Wednesday were TPS Eastern Africa (Serena), Umeme, Sameer Africa, Bamburi Cement, and Nation Media Group. TPS Eastern Africa (Serena) gained 9.92 percent at the price of 14.40 shillings per share followed by Umeme with a gain of 9.88 percent at the price […]
Diamond Trust Bank Top Gainer As East African Cables Tails
Diamond Trust Bank was the top gainer of the day on Thursday at the Nairobi Securities Exchange (NSE) with 6.56 percent at the price of 69.00 shillings per share. Olympia Capital was the second top gainer with 4.91 percent at the price of 2.35 shillings per share followed by the giant telecommunications company, Safaricom who […]
Trans-Century Tops The NSE On Thursday With 8.28%
Trans-Century was the top gainer of the day on Thursday with 8.28 percent at the price of 1.83 shillings per share followed by Longhorn Publishers with 7.54 percent at the price of 4.84 shillings per share. The East African Cables was the third gainer with 6.79 percent at the price of 2.36 shillings per share […]