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Stocks

Trade at the Nairobi Securities Exchange improve as political scene stabilises

By TF News Reporter


Trade at the Nairobi Securities Exchange (NSE) improved on the equities and bonds segments last week as the local political scene calms down. A new cabinet is expected next week after the nominees are vetted and approved by parliament.Trade at NSE has improved as political scene calm downTrade at NSE has improved as political scene calm down

During the week all the market indices rose as well as turnover for both bonds and equities. Equities market capitalization gained 1.72 percent.

Trade at the Nairobi Securities Exchange slows down in a week President Uhuru Kenyatta unveiled cabinet

By TF News Reporter

The appointment of a new government by President Uhuru Kenyatta Tuesday failed to spur trade at the Nairobi Securities Exchange (NSE) with turnover for both bonds and equities on a decline. New National Treasury chief Mr Henry Rotich is expected to steer economy to double digit growthNew National Treasury chief Mr Henry Rotich is expected to steer economy to double digit growth

President Kenyatta appointed Mr Henry Rotich to head the National Treasury while renowned banker Mr Adan Mohamed of Barclays Bank Kenya was appointed Industrialisation and Enterprise Development cabinet secretary.

Safaricom and Mumias Sugar continue to stir market as investor confidence increase


By Ben Kinyanjui

Trade at the Nairobi Securities Exchange (NSE) increased last week with market capitalization gaining 275 basis points as investors’ confidence rose after Supreme Court resolved the presidential petition filed by outgoing Prime Minister Raila Odinga. Safaricom CEO Bob Collymore has steered the company to dominate trade at NSESafaricom CEO Bob Collymore has steered the company to dominate trade at NSE

However, equities turnover declined by 0.50 percentage points while bonds turnover rose by 47.61 per cent in the week.

Trade at the Nairobi Securities Exchange recovers from post election jitters to register growth

By TF News Reporter

Trade at the Nairobi Securities Exchange (NSE) increased last week as the country came to terms with the just concluded general election that picked Uhuru Kenyatta as the next president.Supreme Court President Willy Mutunga to determine polls caseSupreme Court President Willy Mutunga to determine polls case

Though Prime Minister Raila Odinga- led Cord alliance challenged the presidential results at the Supreme Court Saturday, the capital markets recorded gains in the equities segment and a decline in the bond segment’s turnover during the week ending March 14.

Trade at the Nairobi Securities Exchange withstand political uncertainties

 

 

 

By Ben Kinyanjui

 

Trade at the Nairobi Securities Exchange (NSE) remained steady last week despite uncertainties created by the just concluded general elections.President-elect Uhuru Kenyatta expected to calm the marketsPresident-elect Uhuru Kenyatta expected to calm the markets

Kenyans spent four days waiting for the Independent Electoral and Boundaries Commission to announce the presidential winner in the hotly contested election. Mr Uhuru Kenyatta was eventually declared president.

Trade at the Nairobi Securities Exchange loses steam one week ahead of Kenya’s general election

By Ben Kinyanjui


Trade at the Nairobi Securities Exchange (NSE) was down for the equities segment last week as political activity leading to March 4 polls increased.Prime Minister Raila Odinga among those seeking the presidencyPrime Minister Raila Odinga among those seeking the presidency

However, the bonds segment was up against the previous week’s turnover. All equities market indices were down except the number of shares traded.

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