STOCKS
This sections covers the stock market, specifically the Nairobi Securities Exchange – equities, bonds and derivatives.
Homeboyz to List on NSE in 2020 – Mike Rabar
Rabar made the announcement in front of dignitaries including President Uhuru Kenyatta, Deputy President William Ruto and ODM leader Raila Odinga at the launch of the Building Bridges Initiative (BBI) report at the Bomas of Kenya.
Risk-Averse Investors Turn to Fixed Income as Stocks Retreat
A bearish sentiment at the NSE is pushing investors to the more risk-averse government and corporate bonds and fixed-income securities.
Speculative Buying Seen in Standard Group Share Price Rally
On Wednesday, 21st October, Standard Group was also the day’s top price gainer with its stock price advancing 9.94% to Ksh19.90.
A Darling of Foreign Investors, KCB Sways Trading at NSE
Kenya’s largest bank by balance sheet size, KCB Group completed the acquisition of National Bank of Kenya in September last year.
100 Shares Trade Stirs Up Media House Stock
Standard Group has seen its share price plummet from an all-time high of Ksh31.00 to Ksh18.00 per share over the past 52 weeks.
Private Schools Loans Deal Lifts Equity Group Shares
KPSA members will access development and mortgage financing solutions of up to Ksh200 million.
Dividend Rush Powers Rally in KenGen Share Price
KenGen Board has recommended a final dividend of Ksh0.25 for the year for every ordinary share of Ksh2.50, which amounts to Ksh1.649 billion.
Access to Imperial Bank Vault Ignites Interest in KCB Shares
KCB recently announced that it had taken over Ksh3.1 billion in deposits belonging to collapsed Imperial Bank, expanding its customer base.