STOCKS
This sections covers the stock market, specifically the Nairobi Securities Exchange – equities, bonds and derivatives.
Safaricom Shareholders Sh48 Billion Richer After Dividend Payout
Safaricom Dividend: Shareholders have approved a final dividend of Ksh0.62 per ordinary share with the dividend payout amounting to Ksh24.84 billion. In February...
BILL YAURA1 Mins read
Homeboyz Springs Back With a Strategic Investor
After one year hiatus from the Nairobi Securities Exchange (NSE), Homeboyz Entertainment PLC staged a successful fightback last Monday. Homeboyz shares opened at...
JUSTUS KIPRONO2 Mins read
Jimnah Mbaru Makes Ksh318 Million in Latest Deal
Jimnah Mbaru raked in Ksh318 million in a recent deal as he sold 64.8 million shares of his holdings in Nairobi Securities Exchange...
BUSINESS TODAY1 Mins read
Nation Media to Buy Back More of Its Shares
Nation Media Group (NMG) has announced a second buy back program, with the media giant aiming to buy back 10% of its shares...
BUSINESS TODAY1 Mins read
Can You Make Money In a Bear Market?
AÂ bear market is when a stock market or primary market index drops 20% or more for at least two months, according to the...
KALU MENGO5 Mins read
![The Safaricom board recommended a dividend per share of Ksh1.20, a 13.7 percent decline from the previous year. [Photo/ Safaricom]](https://businesstoday.co.ke/wp-content/uploads/2023/05/Fv07iuSXsAEQs66.jpg)
Safaricom Net Profit Falls to Ksh52.5 Billion
Safaricom saw its profit after tax for the full year ended March 2023 fall 22.2% to hit Ksh52.5 billion, down from Ksh67.5 million...
BUSINESS TODAY1 Mins read
NSE Equities Market Turnover Falls 92.65% to Sh191.3 Million
The Nairobi Securities Exchange (NSE) posted a decrease of 92.65% to KSh191.33 million from KSh2.06 billion recorded this Thursday. Top gainers were led...
BT Correspondent1 Mins read
Analyst Offers a Chilly Forecast For Stock Market Investors
Investors at the Nairobi Securities Exchange are bracing themselves for turbulent times ahead as the slide in stocks continues. Market analysts are projecting...
BT Reporter2 Mins read
