Securities trader Mbuthia Irungu at Nairobi Securities Exchange (NSE) trading floor at the Exchange building in Nairobi on August 26, 2020. PHOTO | SALATON NJAU | NMG Investors at the Nairobi Securities Exchange (NSE) lost Sh73.2 billion in a week and the value of the bourse sank to one-year low on reduced interest on Safaricom […]
Tag: XNAI_NSE
Kenya: NSE eyes stakes in East Africa stock exchanges
The Nairobi Securities Exchange ( NSE ) is eyeing investments in regional bourses as it looks to supplement the revenue it earns from trades and data sales at the local market. The bourse recently bought a 4.9 percent stake in Tanzania’s Dar es Salaam Stock Exchange ( DSE ) and is now looking at investing […]
Nairobi Securities Exchange Wants Stakes n Regional Bourses
Nairobi Securities Exchange is considering investmenting in regional bourses to supplement the revenue it earns from trades and data sales at the local market. Regional bourses have already attracted cross-listings from several Kenyan companies such as KCB , Equity Holdings , Kenya Airways , DTB , and Uchumi Supermarkets , boosting their relatively low home-grown […]
Safaricom pulls NSE to 12-month low
Screen showing stock prices at the Nairobi Securities Exchange. [Wilberforce Okwiri, Standard] The value of investors’ wealth at the Nairobi Securities Exchange (NSE) today touched 12-month low, majorly pulled down by Safaricom as foreign investors sustained selling. Market data shows investors’ paper wealth has in the last seven days of trading dropped by Sh79.91 billion […]
E-PAPER: Kenya’s women corporate trailblazers to watch
• The number of women on boards in Kenya has been on the steady increase over the years. • Kenya is fairing well globally with a diversity of 36 per cent at present, compared to 21 per cent in 2017. In a special edition to mark Women’s History Month, The Boardroom Africa (TBR) has launched […]
Insurer Jubilee buys Coca-Cola office at Sh1.1bn
Jubilee Holdings #ticker:JUB has bought Coca-Cola East Africa’s former head office in Nairobi’s Upper Hill at a cost of Sh1.1 billion, with the insurer planning to move its headquarters to the property in September. The Nairobi Securities Exchange #ticker:NSE -listed firm will lease out part of its current address –Jubilee Insurance House on Wabera Street— […]
Foreigners sell Sh1.5bn stocks in first quarter on geopolitical jitters
Nairobi Securities Exchange (NSE) on the trading floor at the Exchange building in Nairobi on August 26, 2020. PHOTO | SALATON NJAU | NMG Foreign investor outflows at the Nairobi Securities Exchange (NSE) have surged 60.7 percent in the three months to March, reflecting the impact of ongoing geopolitical tensions. Data show the bourse has […]
NSE eyes stakes in East Africa stock exchanges
The Nairobi Securities Exchange (NSE) #ticker:NSE is eyeing investments in regional bourses as it looks to supplement the revenue it earns from trades and data sales at the local market. The bourse recently bought a 4.9 percent stake in Tanzania’s Dar es Salaam Stock Exchange (DSE) and is now looking at investing in the Uganda […]
E-PAPER: Kenya’s women corporate trailblazers to watch
• The number of women on boards in Kenya has been on the steady increase over the years. • Kenya is fairing well globally with a diversity of 36 per cent at present, compared to 21 per cent in 2017. In a special edition to mark Women’s History Month, The Boardroom Africa (TBR) has launched […]
Britam completes sale of 6.7pc Equity stake this month
Britam strategy and investor relations director Catherine Karita. PHOTO | DIANA NGILA | NMG Insurance firm Britam Holdings expects to complete the sale of its 6.7 percent stake in Equity Group to the International Finance Corporation (IFC) this month, raising Sh13.9 billion from the transaction. The deal is expected to see the Nairobi Securities Exchange […]
