Investors at the Nairobi Securities Exchange (NSE) will have to wait longer to know the fate of their funds locked in firms suspended from trading. According to the Capital Markets Authority’s (CMA) quarterly report for the three months ending June this year, a total of six companies out of the 64 listed ones remain suspended […]
Tag: XNAI_NBV
Long wait for shareholders of companies suspended from bourse
Investors at the Nairobi Securities Exchange (NSE) will have to wait longer to know the fate of their funds locked in firms suspended from trading. According to the Capital Markets Authority’s (CMA) quarterly report for the three months ending June this year, a total of six companies out of the 64 listed ones remain suspended […]
Sameer Africa Steals Thursday’s Show As Top Gainer Of The Day
The top gainer of the day at the Nairobi Securities Exchange (NSE) on Thursday was Sameer Africa followed by Flame Tree Group, KCB Group, Britam Holdings, and HF Group. Sameer Africa gained 9.85 percent at the price of 3.57 shillings per share followed by Flame Tree Group with 5.60 percent at the price of 1.32 […]
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 […]
Long wait for shareholders of companies suspended from bourse
Investors at the Nairobi Securities Exchange (NSE) will have to wait longer to know the fate of their funds locked in firms suspended from trading. According to the Capital Markets Authority’s (CMA) quarterly report for the three months ending June this year, a total of six companies out of the 64 listed ones remain suspended […]
Car And General (K) Kicks Off The Week As Top Gainer Of The Day
The week kicked off with Car and General (K) carrying the day at the Nairobi Securities Exchange as the top gainer of the day with 9.74 percent at the price of 23.10 shillings per share. Express and Nairobi Business Ventures were the second and third top gainers on Monday with 9.74 and 7.14 percent respectively […]
CMA cautiously studying ‘forced strategy’ to up listings at NSE
Kenya’s Capital Market Authority (CMA) is cautiously exploring the ‘forced’ strategy to end listing dry spell at the Nairobi Securities Exchange (NSE) but warned it can be counterproductive. Speaking while unveiling quarterly market soundness report Tuesday, acting chief executive Wyckliffe Shamiah they are studying the pros and cons of such strategy, which is employed by […]
CMA looks to limit role of nominated advisers
CMA director of policy and regulation Luke Ombara. FILE PHOTO | NMG The Capital Markets Authority (CMA) wants to drop the regulation requiring firms listing on the Nairobi bourse through the Growth Enterprise Market Segment (GEMS) to have nominated advisors throughout their listing period. The CMA says that it is revising the current Capital Markets […]
Here Are The Top 5 Gainers, Losers And Movers On Thursday
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 […]
Longhorn Publishers Ends Wednesday As Top Gainer At The NSE
The top gainer of the day at the Nairobi Securities Exchange (NSE) on Wednesday was Longhorn Publishers with 8.41 percent at the price of 4.90 shillings per share. Sanlam Kenya was the top second gainer of the day with 7.69 percent at the price of 14.00 shillings per share followed by Standard Group with 6.90 […]