STOCKS

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

305 Articles
Shares to buy on the NSE
STOCKS

Analysts Place BUY Recommendation On These 4 NSE Shares

The Nairobi Securities Exchange has lately been cold, thanks to a drought of IPOs and the exit of thousands of retail investors who...

BeautyClick founder and director Jesper Drescher
STOCKS

Beauty Firm Flirts With NSE In Quest to Raise Capital

The company, incorporated in Kenya, is a wholly owned subsidiary of ClickBeauty International based in Denmark. Africanhair PLC's shareholders recently approved its quest...

NSE Gainers and Losers
STOCKS

Banks, Safaricom Share Prices Fall But Market Turnover Grows

The equity market closed the week with 62 million shares valued at Ksh2 billion against 85 million shares valued at Ksh3 billion transacted...

Ngugi Kiuna BOC Kenya Takeover
MARKETSSTOCKS

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...

Homeboyz Entertainment Managing Director Mike Rabar. The firm on March 9, 2021 issued a profit warning for the financial year ended December 31, 2020. (Photo: Business Daily)
BUSINESSFEATURED STORYMARKETSMEDIASTOCKS

Homeboyz Issues Profit Warning 3 Months After NSE Listing

The firm which has interests in events, audio-visual production, sports and youth marketing saw its event division, in particular, take a hit during...

Suspended WPP-Scangroup CEO Bharat Thakrar
BUSINESSMARKETSSTOCKS

WPP-Scangroup CEO Bharat Thakar Suspended, Investigation Launched

Bharat Thakrar has over thirty six years in advertising and communication. He is considered a pioneering figure for the country's lucrative marketing industry....

Stock prices displayed at the Nairobi Securities Exchange (NSE)
ECONOMYFEATURED STORYMARKETSSTOCKS

Safaricom, EABL & BAT: Why Investors Are Snapping up These 3 Stocks, Driving NSE Bull Run

The Capital Markets Authority (CMA) has previously flagged as a big risk the dominance of five companies at the bourse, including Safaricom, as...

M-Pesa agent outlets in Nairobi. Safaricom is set to pay out an interim dividend for the first time to protect shareholders during the Covid-19 pandemic.
BUSINESSMARKETSSTOCKS

Safaricom to Pay Out Ksh18B in First Ever Interim Dividend

Explaining the decision, Safaricom stated: “This is in recognition of the company’s solid half-year performance and to support our shareholders during these difficult...

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