STOCKS

Bharat Thakrar has over thirty six years in advertising and communication. He is considered a pioneering figure for the country's lucrative marketing industry. He founded Scanad, now Scangroup, in 1982 and built it up into a marketing behemoth.

The Capital Markets Authority (CMA) has previously flagged as a big risk the dominance of five companies at the bourse, including Safaricom, as a big risk due to their influence on key market indicators. The performance of a handful of firms essentially determines the performance of the market, creating a problem for investors looking to measure the true performance of the bourse.

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 economic times occasioned by the Covid-19 pandemic.”

Turnover at the Nairobi Securities Exchange rose to Ksh535 million from the previous session’s Ksh211 million, while the number of shares traded stood at 22.8 million against 6.5 million posted on Monday. The banking Sector had shares worth Ksh179 million transacted, which accounted for 33.57% of the day’s traded value.

Regardless of how long you spend, if you don't have the foggiest idea of how to exchange and put resources into the stock exchange, you will just lose cash as opposed to making it. The main thing is to figure out how to exchange and put resources into the exchanging field accurately and ace what works. For instance, if you are going to buy shares you must know about the reliability of those shares.

Importantly, anyone interested in plunging into the world of retail investing is advised to take time to understand markets and how they work.

KenGen posted a strong performance despite the impact of Covid-19 which saw demand for electricity affected.

Investors are also betting on the company's aggressive expansion as it aims to transition from a telecommunications company to a purpose-led technology firm.