UAP Old Mutual Issues Profit Warning
Financial services firm UAP Old Mutual has announced that it anticipates a 25 percent drop in profit for the year ending 31 December 2019. In a statement to the media, [...]
Banks’ Earning Season to Excite NSE Investors
Equity Group Holdings Plc is the first listed bank to release its third quarter earnings. This has set off renewed interest in the banking counters at the NSE. When markets [...]
Morgan Stanley Revises Frontier Markets Index
Morgan Stanley Capital International ( MSCI) has made a change in the MSCI Frontier Market Index as part of the company's regular update cycle. The companies that would be removed [...]
Weekly Market Report
The 16-year infrastructure bond dated October 28,received bids totalling KSh 86.9 billion against an advertised amount of Sh 60.0 billion, representing a 144.9 % subscription rate. On the second day [...]Africa's Financial Markets Showing Strong Growth Prospects AFMI 2019
According to the 2019 edition of the Absa Financial Markets Index report, there are very high growth prospects for African economies. The aim of the report is to show not [...]NCBA Group lists additional shares at the NSE
NCBA Group PLC has listed an additional 793.8 million shares on the NSE, thereby sealing the NIC-CBA merger deal. These additional shares belong to CBA shareholders who from now on [...]Kenyan Market Weekly Update
Equity turnover at the Nairobi Securities Exchange (NSE) hit $ 34.4 million at the end of the week ending 18th October 2019 compared to $ 13.4 million the previous week. [...]Proposal to Scrap Rate Cap Law Excites Kenya's Stock Market
Market activity at the Nairobi Securities Exchange Plc (NSE) soared to a three month high Thursday on the back of increased trading volumes and renewed investor appetite. This is after [...]Nairobi Bourse Signs Deal to Woo Chinese Investors
The Nairobi Securities Exchange PLC (NSE) has formalized the partnership with the Chinese Shenzhen Stock Exchange (SZSE) by signing a Memorandum of Understanding. This agreement is expected to showcase the [...]Market Down Slightly at the Beginning of the Week
The NSE 20 share Index was down 18.63 points to stand at 2436.64 points at the close of business on Monday compared to Friday last week. The All Share Index [...]Kenya Stock Market Upgraded Trading Engine Goes Live
The Nairobi Securities Exchange (NSE) has completed upgrading its Automated Trading System (ATS) in a move that will see the bourse’s disrupted trading sessions become a thing of the past. [...]Kenya-China Capital Markets Forum opens in Nairobi
The China-Kenya Capital Markets Initiative Forum is taking place on 15th October at the Radisson Blu Hotel in Upper hill. Shenzhen Stock Exchange (SZSE) and the Nairobi Securities Exchange PLC [...]
