Capital Markets Shrugs off Pandemic as Activity Ups in Bond Market
Kenya's Capital Markets Authority (CMA) says it has seen renewed interest in the corporate bond market despite threats posed by COVID-19. Recent actions by the regulator to take action against [...]
Decline in Advertising Newspaper Sales Pushes NMG's Net Profit Down 94% to KSh 48 Million
Nation Media Group has reported a drastic fall in net profit for the year that ended on 31st December 2020. Its net profit dropped to KSh48 million from KSh856 million [...]
Retail Investors Retreat From the NSE in Q1 2021
The Nairobi Securities Exchange (NSE) recorded a dip in the number of retail investors in the first quarter of this year, despite its best efforts to grow the list of [...]Safaricom Warns Investors to Exercise Caution as it Bids for Ethiopia Telco License
The leading telecommunications company in East Africa, Safaricom, has revealed its plan to make a formal bid for the Ethiopia Telco License. Safaricom is bidding for the highly coveted license [...]NSE Weekly Activity Dominated by Banks
The Nairobi Securities Exchange(NSE) saw the Banking Sector emerge top in turnover with Shares worth KSh 1.1 billion transacted, which accounted for 49.71% of the week’s traded value. Investors have [...]Kenya Capital Markets Q1 2021 Report
The Nairobi Securities Exchange (NSE) recorded a 20.88% increase in Market Capitalization to KSh 2,437.04 Billion registered in Q1. 2021 from KSh 2,016.06 Billion in Q1. 2020, according to Capital [...]Crown Paints Plc is the Top Price Gainer at NSE
Crown Paints Plc, engaged in the manufacture and sale of paints, adhesives, decorating sundries, polyvinyl acetate (PVA) emulsion, alkyd resins and tins, was the top price gainer when trading ended [...]EGM Securities introduces NSE Derivatives Trading
EGM Securities Limited has introduced a platform that will allow its clients to trade at the Nairobi Securities Exchange (NSE) derivatives market. This makes EGM the first regulated non-dealing multi-asset [...]NSE Daily Turnover declines 60% to KSh 126.8 Million
Nairobi Securities Exchange (NSE) turnover declined 60% to KSh 126,795,375.00 when trading ended at the bourse on 19th April 2021. This was on a total of 4,860,300 shares that changed [...]Kenya's Foreign Exchange Reserves hit US$ 7.7 Billion
Kenya's foreign exchange reserves reached US$ 7,656 Million, equivalent to 4.71 months of import cover, as of April 15th 2021.This is compared to US$ 7.4 Billion as of April 8th [...]Trans Century Plc climbs to Week's Top Price Gainer at NSE
Trans Century Plc was the top gainer at the Nairobi Securities Exchange(NSE), its share price rising 18.45% to close at KSh 1.22 per share. This is compared to KSh 1.03 [...]James Ndegwa's Six-year Stint As CMA Board Chairman Ends
Capital Markets Authority (CMA) Board of Directors Chairman James Ndegwa has left the regulatory state agency. This follows the expiry of his two terms of three years as Board Chairman [...]
