Equities and bonds turnover at the Nairobi Securities Exchange (NSE) rose sharply in May, driven by increased trading in blue-chip stocks and demand for infrastructure bonds on the fixed income segment. The NSE said that turnover in the equities segment rose from Sh9.9 billion in April to Sh14.2 billion in May, while bonds turnover rose […]
A display of listed equities at the NSE. PHOTO | CITIZEN DIGITAL Foreign investors have now sold stocks worth Ksh.1.9 billion ($17.5 million) at the Nairobi Securities Exchange (NSE) in the year so far. In May, the investors offloaded Ksh.787.7 ($7.3 million) worth of stocks as investors continued to execute a flight to risk stance […]
Nairobi Securities Exchange trading floor. PHOTO | NMG Equities and bonds turnover at the Nairobi Securities Exchange (NSE) rose sharply in May, driven by increased trading in blue-chip stocks and demand for infrastructure bonds on the fixed income segment. The NSE said that turnover in the equities segment rose from Sh9.9 billion in April to […]
DAR ES SALAAM Stock Exchange (DSE) recorded positive price movements that helped to spark rally in stocks in May but failed to increase the market turnover. The bourse, according to Zan Securities’ Market Monthly Outlook, saw nine counters registering price gain against seven in April while two counters registered price drop. Zan Securities said in […]
A display of listed equities at the NSE. PHOTO | CITIZEN DIGITAL The Nairobi Securities Exchange (NSE) has given investors a double digit return through the first half of 2021 as the markets rebound from last year’s dip. The NSE primary index comprising of all stocks has posted the highest return at 15.4 per cent […]
Nairobi Securities Exchange trading floor. PHOTO | NMG The value of shares traded on the Nairobi bourse yesterday hit a three-year high, buoyed by a rally in Safaricom and banking stocks that has seen investors gain Sh207.5 billion since mid-May. Nairobi Securities Exchange (NSE) data showed that the market gained for the fifth day in […]
•Notable increases are in Whitecap Light, Tusker Lite and Malt which have increased by Sh20. •Whisky, brandy, vodka, gin, liqueur and ready-to-drink consumers will also pay more for their favorite drinks where prices have increased by between Sh20 and Sh200. Production at the East African Breweries Limited plant in Nairobi/FILE Planning to go out this […]
Of 20 competitors, Kelvin Thairu emerged victorious. The East African Breweries Limited (EABL) on Monday night decided to celebrate the top 20 finalists of the Kenyan chapter of the World Class bartenders contest. It was a wonderful dinner and party at the Trademark Hotel. It was a night of fun, glitz and glam with all […]
Wines and spirits shop in Langata, Nairobi. [Samson Wire, Standard] Your next visit to the pub might leave a bigger hole in your pocket after East African Breweries Ltd (EABL) yesterday increased the recommended retail price for most of its products. The brewer said the adjustment was prompted by an increase in the cost of […]
The price revision affects spirits manufactured under United Distillers Vintners (UDV) Kenya, such as gin, vodka, liqueur, and whisky EABL corporate relations director Eric Kiniti said they increased the prices following the 4.94% tax increase on alcoholic products by the government in October 2020 There have been continued restrictions in the liquor business environment that […]
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