STOCKS
This sections covers the stock market, specifically the Nairobi Securities Exchange – equities, bonds and derivatives.
Foreigners Troop Back, Scramble For Banks and Safaricom
Telecommunications and banking sectors were the most active, accounting for 82.03% and 10.67% of the week's activity.
Holding Big Losses, Media Firms Struggle to Find Value at the NSE
While NMG gain is some sort of consolation, its stock has lost it's biggest value this year.
What Investors Should Look Out For When Choosing Online Trading App
Online investing has picked up even more during Covid-19 as young investors are exploring online investing as a way to make money.
NMG Share Price Plunges as Covid-19 Chokes Business
Nation Media Group, which is restructuring its business amid a major drop in revenues, was among the biggest losers this past week.
KQ Shares Suspended as Takeover Plan Gathers Speed
The suspension from trading the company’s shares take effect from July 3, 2020 and will remain in force for a period of three months.
Listed Firm Selling Subsidiary Defies Covid-19 to Hold Meeting
Court allows WPP-Scangroup to hold EGM on condition that it complies with the provisions of the Capital Markets Act and Regulations.
Coronavirus Wipes Off Sh1.31 Billion at NSE in Three Months
CMA Director for Regulatory Policy and Strategy says the bourse has 'bounced back' after a period of turmoil
NSE Extends Suspension of Two Listed Firms
Suspension of trading in Mumias Sugar and Deacons would remain in force, an indication that they are yet to sort their financial woes.