STOCKS
This sections covers the stock market, specifically the Nairobi Securities Exchange – equities, bonds and derivatives.
Central Bank of Kenya Seeking KSh 40Bn for Budgetary Support in June
Central Bank of Kenya(CBK) has floated re-opened 15 and 25-year papers, seeking KSh 40 Billion, by inviting investors to the primary bond market,...
JACKSON OKOTH1 Mins read
Sasini Plc H1 Net Loss Widens to KSh170.8 Million
Sasini Plc, a listed agricultural firm engaged in the growing and processing of tea, coffee, avocado, macadamia nuts and value addition of the...
JACKSON OKOTH3 Mins read
Express Kenya Seeks KSh 250Mn in Rights Issue
Express Kenya Plc, a listed logistics firm, has filed a cautionary notice for a proposed rights issue of up to 50,000,000 new shares...
JACKSON OKOTH1 Mins read
Equity Group to Venture into Insurance Business in the DRC
Equity Group Holdings will seek approval from shareholders to incorporate two insurance business units in the Democratic Republic of Congo(DRC). This is as...
JACKSON OKOTH3 Mins read
Standard Chartered Bank Kenya Q1 Net Profit Narrows to KSh 3.6Bn
Standard Chartered Bank Kenya released its Q1 earnings, posting a 26.3% fall in Earnings Per Share(EPS)-an indicator of profitability- to KSh 9.47, as...
JACKSON OKOTH3 Mins read
CBK Raises KSh 36.6 Billion for Budget Spending in May
CBK (Central Bank of Kenya) accepted bids worth KSh 36.59, falling below the KSh 50 Billion target it was seeking for budget spending...
JACKSON OKOTH1 Mins read
East African Cables Plc Acquired by Cable Experts Limited
East African Cables has been acquired by Cable Experts Limited. In this transaction, TransCentury Plc (now under receivership), East African Cables’ parent company,...
JACKSON OKOTH1 Mins read
Spearhead Africa Asset Management Lists Kenya’s First Infrastructure Fund
Spearhead Africa Asset Management (SAAM) has listed the Spearhead Africa Infrastructure Fund (SAIF) on the Nairobi Securities Exchange (NSE). SAIF is the first...
BT Reporter3 Mins read
