1. Skip to Menu
  2. Skip to Content
  3. Skip to Footer>
  • Kenya smallholder tea farmers earn Sh63.6 billion from tea exports

  • Forex 31.07.2015

  • Forex 30.07.2015

  • Forex 29.07.2015

  • Forex 28.07.2015

 

Stocks

Kenya’s Nairobi Securities Exchange record strong performance

 

 

By TFN Reporter

The Nairobi Securities Exchange (NSE) has defied the ongoing increased political activity to record strong performance in the week ending May 18.The telecommunications sector continues to do well at the NSEThe telecommunications sector continues to do well at the NSE

 

Most equity market indicators recorded gains contrary to expectations that the market would record reduced activity as investors scale down their portfolio due to the impending general election. Kenya’s general elections are scheduled for March next year.


Investors at Kenya’s security exchange withhold shares as prices improve

 

By Ben Kinyanjui

The Nairobi Securities Exchange (NSE) recorded decreased share offer as investors withheld their shares after prices in most counters showed strong signs of improvement.Telecommunications sector still dominate trading at NSETelecommunications sector still dominate trading at NSE

Shares traded a the bourse dropped to 130.2 million last week from 159.9 million traded last the previous week.

Kenyan’s leading mobile phone company Safaricom continues to dominate trading at the NSE as the market shows signs of recovery

 

By TFN Reporter

Safaricom, Equity Bank and Housing Finance were the top three most active counters during trade at the Nairobi Securities Exchange last week with 65.91 million, 16.78 million and 7.04 million shares traded, respectively.Safaricom CEO Bob Collymore. His company continues to stir NSE marketSafaricom CEO Bob Collymore. His company continues to stir NSE market

With exception of equity turnover and number of shares traded, all other market indicators for equities increased. Similarly, the fixed income segment recorded gains.

NSE performance improves but bond market suffer due to shift to government securities

By FTN Reporter

Performance at the capital markets recovered in the week ending April 4 with most of the key market indicators in equities segments recording gains.

NSE chief Peter Mwangi. Trade has improved but its still slugishNSE chief Peter Mwangi. Trade has improved but its still slugish

However, the equity and bonds turnover recorded losses attributed to a shift by investors to short term government securities, and a shorter trading week due to Easter holidays.

Senior official of the depository corporation arrested as CMA moves to curb share theft

 

By Today Financial News Reporter

A senior official of the Central Depository and Settlement Corporation (CDSC) have been arrested for fraudulent transfer and sale of shares worth Sh15 million.NSE CEO Peter Mwangi has worked with CMA to stop share theftNSE CEO Peter Mwangi has worked with CMA to stop share theft

Mr Simon Ngethe, the Head of Help Desk at the Corporation was arrested Wednesday for transferring shares of three clients who maintain their CDS Accounts at NIC Capital.

Like Us On Facebook

Follow us on Twitter

Kenya Economy

I want to be an entrepreneur

Taibjee Consultants
www.taibjeeconsultants.com
For Patent, Trademark, Industrial Design, Customer Care training

EAC News
www.eatradereview.net
Read Comprehensive  Regional, Trade and Investment News on East Africa

Sponsored Ads

University of Nairobi