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 […]
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NSE’s best, worst stocks during Covid-19 revealed
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 […]
Standard Group Emerges As Top Loser At NSE On Tuesday
The top loser of the day on Tuesday at the Nairobi Securities Exchange (NSE) was the Standard Group. The company lost 9.84 percent at the price of 22.45 shillings per share. Eveready East Africa was the second top loser with 7.48 percent at the price of 0.99 shillings per share followed by Sanlam Kenya with […]
Kakuzi Kicks Off The New Week As Top Gainer At The NSE
On Monday, Kakuzi emerged as the top gainer of the day at the Nairobi Securities Exchange (NSE) with 9.76 percent at the price of 360.00 shillings per share. Sasini Tea and Coffee, and Williamson Tea Kenya gained 6.75 and 4.56 percent at the price of 17.40 and 143.25 shillings per share respectively. Eveready East Africa […]
NSE’s best, worst stocks during Covid-19 revealed
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 […]
Merali raises stake in Sameer to 74 percent
Businessman Naushad Merali has acquired an additional 1.91 percent stake in property firm Sameer Africa , raising his ownership in the company to a new high of 74.06 percent. Two companies associated with Mr Merali, Sameer Investments and Yana Trading, bought a total of 5.3 million shares of the Nairobi Securities Exchange-listed firm with a […]
How Sameer Has Been Understating Its Properties To Dupe Shareholders
Recently, businessman Naushad Merali acquired an additional 1.91 percent stake Sameer Africa to reach a new high of 74.06 percent. The company recently dropped its tyre business in a bid to return to profitability by concentrating on its real estate arm. However, in their income statement for 2019, the company valued their investment properties at […]
Here Are The Top 5 Gainers, Losers and Movers At The NSE, Tuesday
The top five gainers at the Nairobi Securities Exchange (NSE) on Tuesday were WPP ScanGroup, Sameer Africa, Olympia Capital, TPS Eastern Africa (Serena), and HF Group. WPP ScanGroup gained 26.29 percent at the price of 22.10 shillings per share followed by Sameer Africa with 9.51 percent at the price of 3.80 shillings per share. Olympia […]
Here Are The Top 5 Gainers, Losers and Movers At The NSE, Tuesday
The top five gainers at the Nairobi Securities Exchange (NSE) on Tuesday were WPP ScanGroup, Sameer Africa, Olympia Capital, TPS Eastern Africa (Serena), and HF Group. WPP ScanGroup gained 26.29 percent at the price of 22.10 shillings per share followed by Sameer Africa with 9.51 percent at the price of 3.80 shillings per share. Olympia […]
Sameer Africa Loss Doubles To Ksh1 Billion In 2019 As Management Predicts A Shaky 2020
Sameer Africa net loss for the year ended December 2019 has almost doubled to Ksh1.062 billion as compared to a loss of Ksh529 million recorded in 2018. The Group’s revenue reduced by 15 percent from Ksh2.07 billion in 2018 to Ksh1.76 billion in 2019 following the closure of several retail outlets in Kenya and the […]