KEY POINTS The top gainer of the day was BK Group with 8.05 percent at the price of 38.25 shillings per share. It was followed by Britam Holdings with 5.06 percent at the price of 8.30 shillings per share. The top gainer of the day was BK Group with 8.05 percent at the price of […]
Tag: XNAI_NBV
Top 5 Gainers, Losers And Movers At The NSE On Tuesday
Top gainers The top 5 gainers of the day at the Nairobi Securities Exchange (NSE) were Stanbic Holdings, Stanlib Fahari Income – REIT, Sasini, Bamburi Cement, and Carbacid Investments. Stanbic Holdings gained 3.76 percent at the price of 89.75 shillings per share followed by Stanlib Fahari Income – REIT with 2.65 percent at the price […]
Scangroup, Nairobi Business Ventures postpone financial results to end-month
NSE CEO Geoffrey Odundo,NBV (Nairobi Business Ventures) Chairman Haresh Soni,NSE Chairman Kiprono Kittony and ABC Group Managing Director Shamaz Savani at NBV’s Bell ringing ceremony NBV listed an additional 415 million shares on the NSE. [Wilberforce Okwiri,Standard] Listed marketing firm WPP Scangroup and leather retail chain Nairobi Business Ventures (NBV) have further delayed publication of […]
Why retail investors have shunned NSE’s alternative market segment
NSE CEO Geoffrey Odundo, Nairobi Business Ventures Chairman Haresh Soni, NSE Chairman Kiprono Kittony and ABC Group Managing Director Shamaz Savani at NBV’s Bell ringing ceremony. [Wilberforce Okwiri,Standard] When the Nairobi Securities Exchange (NSE) launched the Growth and Enterprise Segment (GEMS) in 2013, there was optimism across the board that this would be the major […]
Options when a business goes bust
Nakumatt Supermarket at West Side Mall in Nakuru: [Harun Wathari,Standard] In 2016, Nairobi Business Ventures (NBV) was one of the most hyped listings at the Nairobi Securities Exchange (NSE). NBV was the first foot wear firm to trade at the bourse and the founders targeted to sell ten million shoes annually. The retailer, which operated […]
Options when a business goes bust
Nakumatt Supermarket at West Side Mall in Nakuru: [Harun Wathari,Standard] In 2016, Nairobi Business Ventures (NBV) was one of the most hyped listings at the Nairobi Securities Exchange (NSE). NBV was the first foot wear firm to trade at the bourse and the founders targeted to sell ten million shoes annually. The retailer, which operated […]
Kenya: Shoe company minting billionaires at the NSE
Shares of the little-known Nairobi Business Ventures ( NSE:NBV ) have staged the biggest short-term rallies on the history of the Nairobi bourse, lifting the wealth of its founders by hundreds of millions of shillings and benefiting early speculators. The company, which used to sell the K-Shoe brand of shoes, started trading on the Nairobi […]
Shoe company minting billionaires at the NSE
Shares of the little-known Nairobi Business Ventures (NBV) have staged the biggest short-term rallies on the history of the Nairobi bourse, lifting the wealth of its founders by hundreds of millions of shillings and benefiting early speculators. The company, which used to sell the K-Shoe brand of shoes, started trading on the Nairobi Securities Exchange […]
Shoe firm seeks nod to step into cement manufacturing
Shoe-seller Nairobi Business Ventures (NBV) is seeking nod to set up Sh15 billion cement manufacturing plant in Machakos barely a month after announcing plans to diversify into new sectors to grow revenue. The firm, through its subsidiary—Shreeji Enterprises Kenya Limited— has sent an application to the National Environment Management Authority (Nema) seeking clearance for the […]
NSE records Kapchorua Tea as day’s top price gainer
Nairobi Securities Exchange(NSE) recorded Kapchorua Tea Company as the top price gainer when trading ended this Wednesday. Kapchorua share price was up 10% to close at KSh 93.50 per share over the previous closing price of KSh 85.00 on Tuesday 13th, 2021. KAPC began 2021 with a share price of KSh 78.00 and has since […]