STOCKS
This sections covers the stock market, specifically the Nairobi Securities Exchange – equities, bonds and derivatives.
Banks, Safaricom Share Prices Fall But Market Turnover Grows
NSE gainers and losers: The equity market closed the week with 62 million shares valued at Ksh2 billion against 85 million shares valued...
BT Reporter1 Mins read
Powerful Shareholder Halts BOC Kenya Takeover
The proposed BOC Kenya takeover by Carbacid and Aksaya Investments has been put on hold pending the hearing of an appeal lodged by...
BT Reporter2 Mins read
Homeboyz Issues Profit Warning 3 Months After NSE Listing
Homeboyz Entertainment Plc on Tuesday, March 9 issued a profit warning, less than three months after its December 2020 listing on the Growth...
MARTIN SIELE2 Mins read
WPP-Scangroup CEO Bharat Thakar Suspended, Investigation Launched
The board of WPP-Scangroup on Friday, February 19 announced the suspension of CEO and founding shareholder Bharat Thakrar as well as CFO Satyabrata...
MARTIN SIELE1 Mins read
Safaricom, EABL & BAT: Why Investors Are Snapping up These 3 Stocks, Driving NSE Bull Run
Three stocks account for 92.3% of the Ksh199.12 billion appreciation of all shares at the Nairobi Securities Exchange (NSE) in 2021, registering a...
MARTIN SIELE2 Mins read
Safaricom to Pay Out Ksh18B in First Ever Interim Dividend
Market-leading telco Safaricom is set to pay an interim dividend for the first time, with the company citing the need to cushion shareholders...
MARTIN SIELE1 Mins read
Heavy Trading in Safaricom Shares Fires Up NSE Turnover
Turnover at the Nairobi Securities Exchange rose to Ksh535 million from the previous session’s Ksh211 million, as investors firmed up their positions in...
BT Reporter1 Mins read
How Long Does it Take To Be a Successful Stock Trader?
The most habitually posed inquiries from new brokers and financial specialists are the issues of how long they need to learn before they...
BT Correspondent2 Mins read
