STOCKS
This sections covers the stock market, specifically the Nairobi Securities Exchange – equities, bonds and derivatives.
Centum Sh1.2bn Housing Project Whets Investors’ Appetite
Centum toppled Safaricom with a volume of 3.84 million shares to become the most traded counter at the bourse.
Foreigners Shy Off, Pushing Down Equities Turnover
The top price gainer at the bourse today was Flame Tree Group Holdings (FTGH) whose share price rose 6.02% from Ksh1.33 to Ksh1.41.
Foreign Investors Drive Demand for Safaricom and Bank Shares
The counter was dominated by foreign investors, accounting for 96.1% of all the 121 deals, resulting in a turnover of Ksh189.44 million.
Olympia Capital Holdings Top Gainer at NSE
Olympia Capital began the year at KSh 2.01 and has gained 14.93% on that price, ranking it third on the NSE.
Too Good to Be True: 24 Kenyans Gifted 24 Luxury Cars
In a ceremony staged in Nairobi, a star-studded cast of members saw their efforts rewarded with the latest state-of-art machines.
$5.5 Million Grant Fuels Rally in Bank of Kigali Shares
Bank of Kigali shares on NSE had 9.9 million trades in 1,015 deals, corresponding to a market value of Ksh237.4 million.
Dividend Prospects Fuel Action on Kenya Re Counter
With a market capitalization of Ksh6.72 billion, Kenya Re is set to close its books on 9th October 2020.
Jubilee Insurance Deal With Allianz Triggers Investor Interest
Jubilee ' insurance business remains healthy with general business accounting for 28% of the group’s gross written premiums.