STOCKS
This sections covers the stock market, specifically the Nairobi Securities Exchange – equities, bonds and derivatives.
6 NSE Stocks Minting Money For Investors Amid Rising Cost Of Living
NSE Stocks Minting Money For Investors: These 6 stocks have delivered the highest returns for investors since the beginning of the year. The stocks represent a diverse range of industries.
Safaricom Shareholders Sh48 Billion Richer After Dividend Payout
Safaricom shareholders have approved a final dividend of Ksh0.62 per ordinary share with the dividend payout amounting to Ksh24.84 billion.
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 Ksh4.66...
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 (NSE)-listed financial services group Britam, disclosures have revealed.
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 at the Nairobi Securities Exchange (NSE).
Can You Make Money In a Bear Market?
All assets tend to decline with rare recovery periods during a bear market. At some point, the price of an investment will fall low enough to become attractive to investors again. An accumulation phase usually follows, followed by a trend reversal. People buy crypto futures during this time.
Safaricom Net Profit Falls to Ksh52.5 Billion
"This year, we all experienced tough headwinds, including high inflation, a depreciating shilling, severe drought, and failed rain seasons among others," noted Safaricom CEO Peter Ndegwa, alluding to the larger macro-economic downturn in Kenya.
NSE Equities Market Turnover Falls 92.65% to Sh191.3 Million
The Nairobi Securities Exchange (NSE) posted a decrease of 92.65% to KSh 191.33 million from KSh2.06 billion recorded this Thursday.