Jatu share price plummeted 23.15 per cent in one week ending last Friday as investors’ appetite faded for once darling stock after listing two and half months ago. The agro-based starter-up firm opened last week at a 1,080/-, then closed at 830/- last Friday after hitting 760/- last Thursday. Orbit Securities said on Monday in […]
Tag: xuga_uchm
Kenya Power Kicks Of February As Top Gainer Of The Day
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) […]
Tanzania Share Index Drops as JATU Maintains Downward Trend
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 […]
NSE Tops Its Own Platform During The Sessions On Wednesday
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 […]
Uchumi Supermarket Back With A Niche For SMEs
Imagine if every weekend supermarkets in Kenya allowed SMEs to access their premises and sold their own goods and services without being interrupted by anyone? Can this happen in Kenya? If this happened, will we be still losing 450,000 SMEs annually, 30,000 monthly and 1,000 daily? The sector would be far. Right? Can you believe […]
Kenya Power Kicks Of February As Top Gainer Of The Day
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) […]
NSE Tops Its Own Platform During The Sessions On Wednesday
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 […]
Uchumi revives Lang’ata hub in new market concept
Vendors allowed to sell their wares during the weekends by renting out spaces at the hub’s parking lot even as the retailer seeks to accommodate the businesses inside the supermarket’s hall. The retail chain has been pushing to put itself back on the growth track having earned reprieve from liquidation in March last year with […]
Uchumi Supermarket Back With A Niche For SMEs
Imagine if every weekend supermarkets in Kenya allowed SMEs to access their premises and sold their own goods and services without being interrupted by anyone? Can this happen in Kenya? If this happened, will we be still losing 450,000 SMEs annually, 30,000 monthly and 1,000 daily? The sector would be far. Right? Can you believe […]
Carrefour opens at Nextgen Mall in expansion drive
Shoppers at a Carrefour branch in Nairobi. FILE PHOTO | NMG French retailer Carrefour has opened a new store in Nairobi’s Nextgen Mall at a space that was vacated by Souk Bazar supermarket last November. Carrefour, whose local franchise is held by Dubai-based conglomerate Majid Al Futtaim, started operations at the property on Mombasa Road […]