KEY POINTS The top mover of the day was Safaricom Plc after selling 10.61 million shares followed by Co-operative Bank who sold 2.77 million shares. Equity Group, KCB Group, and KenGen sold 1.36 and 1.21 million. Kenya Power and Lighting Company emerged as the top gainer of the day at the Nairobi Securities Exchange (NSE) […]
DESPITE a change of the tide on the last trading session of the week, JATU still managed to trivially suppress the Tanzania Share Index (TSI) after the counter dropped by 23.15 per cent on a weekly basis. JATU opened the week at a price of 1,080/- then closing at 830/- on Friday 05th February 2021 […]
Customer experience platform, Ajua, formerly known as mSurvey, has named Martin Mirero as its Chief Technology Officer (CTO). The new CTO is expected to lead the company’s development advanced technologies, and drive the infrastructural growth of the company. Before joining Ajua, Mr. Mirero served as the Chief Innovation Officer (CIO) at Huduma Kenya, the national […]
KEY POINTS KCB Group was the top mover of the day after selling 5.02 million shares followed by Safaricom with 3.18 million shares. Kenya Power and Kenya Re-Insurance sold 1.48 and 1.06 million Nairobi Securities Exchange was the top gainer of the day with 7.82 percent at the price of 9.10 shillings per share followed […]
KEY POINTS The equities market performance was driven by gains recorded by large-cap stocks such as EABL, BAT, KCB Group, and Equity Group of 10.4, 3.6, 3.3, and 2.1 percent. The equities market recorded mixed performance, with NASI and NSE 25 gaining by 1.0 and 1.3 percent respectively, while NSE 20 declined by 0.8 percent. […]
Foreign investors sold more than Sh37 billion worth of equity in the country’s leading listed companies as uncertainty around Covid-19 sent jitters through the market. The latest market data indicates foreign investors sold significant shareholding in five leading listed companies – Safaricom, KCB Group, Equity Group, NCBA and East African Breweries (EABL) last year, increasing […]
During the month of January, T-bill auctions recorded an undersubscription, with the overall subscription rate coming in at 67.3%, but still an increase from 54.8% recorded in the month of December, 2020. The highest subscription rate was in the 364-day paper, which came in at 115.9%, an increase from 50.4% recorded the previous month. The […]
Former Cabinet minister Simeon Nyachae. FILE PHOTO | NMG If Kenyan bank shareholders and directors were required to attend AGMs on the same day, Simeon Nyachae would have had difficulty choosing which ones to go to or skip. Mr Nyachae, who died yesterday at 88, owned stakes in Credit Bank, Prime Bank, Commercial Bank of […]
Foreign investors sold more than Sh37 billion worth of equity in the country’s leading listed companies as uncertainty around Covid-19 sent jitters through the market. The latest market data indicates foreign investors sold significant shareholding in five leading listed companies – Safaricom, KCB Group, Equity Group, NCBA and East African Breweries (EABL) last year, increasing […]
KEY POINTS The top mover of the day was Safaricom Plc after selling 10.61 million shares followed by Co-operative Bank who sold 2.77 million shares. Equity Group, KCB Group, and KenGen sold 1.36 and 1.21 million. Kenya Power and Lighting Company emerged as the top gainer of the day at the Nairobi Securities Exchange (NSE) […]
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