STOCKS
This sections covers the stock market, specifically the Nairobi Securities Exchange – equities, bonds and derivatives.
Britam issues profit warning as NSE bear run continues
In a notice placed in sections of the Kenyan press, the investment company said its earnings are expected to drop by at least 25% compared to the earnings reported in the same period in 2017
Safaricom shareholders reap big from share price and dividend
The share price is expected to rally ahead of the full-year results and analysts predict the stock could surpass its 2018 high of Ksh33.5
Safaricom moves more shares than entire banking sector at NSE
Safaricom, the only listed telecommunications firm moved 12 million shares worth Ksh 219 million while the Banking Sector had shares worth Ksh 58 million transacted
CMA flags five ‘sick’ NSE-listed firms, demands action
Regulator says it has directed the companies to provide regular updates on measures they are taking to remedy their working capital positions
NSE tumbles Sh302 million in opening November week
Shares traded decline 15.6 million
Investors rebound to Sh750 million at the NSE
Trading at the bourse recovers although indices shed points
NSE trades Sh3.4 billion on opening October week
The week saw a technical hitch on October 1 leading to Ksh. 515 million decline
System hitch delays NSE trading in Sh500 million plunge
Poor start to the month of October after investors shy away due to the bourse delaying trading hours