NSE Pointing to a Bear Market-Where Are the Opportunities?
The NSE( Nairobi Securities Exchange) Equities Market is sliding into a bear one if figures from the bourse are anything to go by. For instance, the NSE performance report for [...]
NSE Weekly Turnover Rises 5% to KSh 2.1 Billion
NSE weekly turnover stood at KSh2.1billion on 87.5M shares, against KSh2billion on 82.97M shares posted the previous week, an increase of 5%. The Derivatives Market at the NSE closed this [...]NSE Shareholders Approve KSh 1.00 per share Final Dividend
NSE Shareholders resolved that the payment of a first and second special dividend of KSh 0.50 per share each, resulting in a total special dividend of KSh 1.00 per share [...]NSE Weekly Equity Turnover Falls 44.99% to KSh 2,326.78M
NSE Equity Turnover fell by 44.99% to KSh 2,326.78m from KSh 4,229.40m in the preceding week. The bonds market decreased by 25.82% to close the week at KSh 10,653.74m from [...]NSE Equity Turnover Drops to KSh 123m
NSE daily equity turnover declined on the first day of this trading week to KSh 123 m on 5m shares compared to KSh 324m on the sale of 14m shares. [...]NSE Equity Turnover Dips 2.2% to KSh 567M
The NSE posted a marginal decline in daily equity turnover to KSh 567m from the previous day’s KSh 580m, a fall of 2.2%, while the number of shares traded increased [...]Co-op Bank Q1 Net Profit Up 65.7% to KSh 5.8B
Co-operative Bank of Kenya recorded a 65.7% increase in net profit to KSh 5.8 billion at the close of Q1 2022. This is compared to KSh 3.5 billion over a [...]CBK floats 18-Yr Infrastructure Bond worth KSh 75B
The Central Bank of Kenya (CBK) has floated an 18-year Infrastructure bond worth KSh 75 billion. The Government intends to use proceeds from this auction to fund infrastructure projects in [...]Tea Auction Records Slight Increase In Prices as Volumes Continue to Fall
Theweekly MombasaTea Auction held on 16th, 17th, and 18th May 2022 had 12.5 million kilograms of tea offered for sale. The amount on offer decreased from 13.1 million kilograms during [...]
NSE Daily Equity Turnover Declines to KSh 317m
The NSE Daily Equity Turnover declined marginally to KSh 317m from the previous sessions KSh 327m; the number of shares traded stood at 12m against 14m posted on Wednesday. NSE [...]Podcast; Safaricom CEO Peter Ndegwa on 2022 Earnings, Ethiopia, M-PESA and the Future
Safaricom PLC on Thursday last week reported its full-year earnings for the period ended 31st March 2022. I had the opportunity to chat with the telco's CEO Peter Ndegwa where [...]
Car General Half-Year Net Profit Rise 36% to KSh 629M
Car General (Kenya) Limited Plc Net Profit for the first six months of the financial year ended March 2022 reached KSh 629 million from KSh 461 million in H1, [...]
