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Listed banks no match for NSE top mover, Safaricom

The attractiveness of the Safaricom stock continues to manifest itself on the floor of the Nairobi Securities Exchange (NSE) with Kenya’s largest telco by market share moving 37 million shares valued at Ksh1 billion this week representing 37.67% of the total traded value. Week on...

M-Akiba falls short of Sh250 million target

M-Akiba is now listed on the Nairobi Securities Exchange (NSE) after raising a total of Ksh197 million over the two weeks in which it was on offer, shy of the Ksh250 million target. The listing of the government bond that in 2017 became the first...

NSE management changes maintain two-thirds gender rule

Changes to the senior management team at the Nairobi Securities Exchange (NSE) saw Geoffrey Odundo retained as the chief executive with the members of the executive committee maintaining a two-thirds gender rule. Odundo will thus go for a second consecutive term as the CEO of...

Weekly trading at NSE begins with Sh10 million plunge

Safaricom was Monday’s biggest mover with 4.9 million shares valued at Ksh130 million changing hands at between Ksh26.15 and Ksh26.70, representing 50.12% of the day’s traded value, while Ksh10 million was shed on the first day of the week at the Nairobi Securities Exchange...

Weekly trading at NSE plunges Sh600 million

Trading at the Nairobi Securities Exchange (NSE) ticked down this week with 72.5 million shares valued at Ksh2.3 billion transacted against 89 million shares valued at Ksh2.9 billion posted last week. Safaricom was the week’s biggest mover with 30.9 million shares valued at Ksh807 million...

Safaricom top hit as stocks tick up at NSE

Safaricom Plc was Thursday’s top mover at the Nairobi Securities Exchange (NSE) with 9.9 million shares valued at Ksh258 million changing hands at between Ksh26.00 and Ksh26.15 representing 55.32% of the day’s traded value. Market activity improved marginally to Ksh466 million from Wednesday's  Ksh458 million,...