STOCKS

This sections covers the stock market, specifically the Nairobi Securities Exchange – equities, bonds and derivatives.

KQ’s Suspension At The Bourse Extended For One More Year

The suspension from trading of Kenya Airways (KQ) shares at the Nairobi Stock Exchange (NSE) has been extended for 12 more months. In a statement...

Britam Sells Ksh7.7 Billion Equity Shares In Search Of Stability

Britam Holdings Plc has opted to sell its shares held in Equity Group Holdings Plc, even as it looks to stabilise. According to a public...

Exinity Launches New Trading Service For Retail Clients In Kenya

Exinity, a risk-driven trading investment company, has launched ExinityTraderin Kenya, a new trading service for retail clients.   Exinity Trader, a trading platform, brings access...

NBK De-Lists From Stock Market After KCB Takeover

A statement from the NSE said the formerly state-owned bank, which now operates as a subsidiary of KCB, will leave the NSE on 25th November, marking yet another low moment for the stock market.

All You Need To Know About The MTN Uganda IPO

MTN Uganda opened its initial Public Offer that will run until 22nd November 2021 4pm. The MTN Uganda Chief Executive Officer, WIM VANHELLEPUTTE sheds...

MTN Uganda IPO Opened To Kenyan Investors

The MTN Uganda IPO offers for sale 4.4 billion ordinary shares, accounting for a 20% stake of the company, at a price of UGX 200.00 (KES6.25) per share. Each prospective shareholder must apply for at least 500 shares which, if fully allocated, results in a minimum investment of UGX 100,000 (KES3,125) per shareholder.

Konza Technopolis Development Authority Seeks To Partner With NSE

Konza Technopolis Development Authority (KoTDA) is seeking to partner with the Nairobi Securities Exchange (NSE) to connect investors with viable tech start-up businesses that...

Buy Or Sell? Analysts Offer Investment Tips For NSE Shares

The equities market turnover yesterday declined marginally to Ksh777 million from the previous session’s Ksh799 million, the number of shares traded stood at 17.5M against 29M posted the previous session.

P&L Consulting, Instinctif Partners Roll Out Investor Relations Offering For Equity...

Profit and Loss (P&L) Consulting and its international affiliate Instinctif Partners (IP) have rolled out a tailored Investor Relations offering for existing and potential...

Uganda Securities Exchange Taps Into MTN MoMo To Further Digitalise Accounts...

Uganda Securities Exchange’s (USE) Securities Depository USE SCD has launched a digital Securities Central Depository (SCD) account opening platform in partnership with MTN Mobile...