Nairobi Securities Exchange

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1d
AllAfrica.com
Bank Stocks Reacts Negatively to New Interest Rates LawNairobi — Stocks for the banking sector fell on Thursday at the Nairobi Securit
Bank Stocks Reacts Negatively to New Interest Rates Law
AllAfrica.com / Posted yesterday
Nairobi — Stocks for the banking sector fell on Thursday at the Nairobi Securities Exchange a day after President Uhuru Kenyatta signed a new law to cap interest rates. Diamond Trust Bank was the worst hit as its shares fell by 10.69 percent to... Read more
3d
AllAfrica.com
Britam Earnings Jump 184% After Cutting NSE ExposureBritam Holdings has shrugged off the bearish run at the Nairobi Securities Exch
Britam Earnings Jump 184% After Cutting NSE Exposure
AllAfrica.com / Posted 3 days ago
Britam Holdings has shrugged off the bearish run at the Nairobi Securities Exchange (NSE) to raise profits 184 per cent in the six months to the end of June, helped by increased investment income. Britam, which has insurance, asset management and... Read more
5d
AllAfrica.com
Michael Joseph Sells Half of His Safaricom Stakeincreased his stake, making a strong confidence statement about the telecoms op
Michael Joseph Sells Half of His Safaricom Stake
AllAfrica.com / Posted 5 days ago
increased his stake, making a strong confidence statement about the telecoms operator whose stock continues to rally on the Nairobi Securities Exchange (NSE). Safaricom's annual report shows Mr Joseph cut his shareholding in the company for the... Read more
6d
AllAfrica.com
New Law Passed, Gives Ugandan Bourse Nod to Go Publicmillion new shares to the public, accounting for 30 per cent of the company's 5
New Law Passed, Gives Ugandan Bourse Nod to Go Public
AllAfrica.com / Posted 6 days ago
million new shares to the public, accounting for 30 per cent of the company's 50 million ordinary shares. On its part, the Nairobi Securities Exchange (NSE) completed its demutualisation process in 2014, which also included a change of name, change... Read more
6d
AllAfrica.com
Safaricom Stock Pushes Up NSE Market ValueThe market capitalisation of the Nairobi Securities Exchange grew by Sh42 billi
Safaricom Stock Pushes Up NSE Market Value
AllAfrica.com / Posted 6 days ago
The market capitalisation of the Nairobi Securities Exchange grew by Sh42 billion last week on the back of a gain on the Safaricom stock. The market cap of the bourse stood at Sh2.113 trillion on Friday, with its gain tracking that of Safaricom... Read more
9d
AllAfrica.com
Stanchart Opts for Less Risky Lending to the Governmenta profit warning last year following a slump in profitability to hike in provis
Stanchart Opts for Less Risky Lending to the Government
AllAfrica.com / Posted 9 days ago
a profit warning last year following a slump in profitability to hike in provisions for bad loans. Its share price at the Nairobi Securities Exchange took a hit following the profit warning declining by more than 25 per cent. It has rebounded in... Read more
11d
AllAfrica.com
Safaricom Touches New High of Sh21 As Investors Eye Dividend PayoutSafaricom's share closed at a new all-time high of Sh21 yesterday on the Nairob
Safaricom Touches New High of Sh21 As Investors Eye Dividend Payout
AllAfrica.com / Posted 11 days ago
Safaricom's share closed at a new all-time high of Sh21 yesterday on the Nairobi Securities Exchange (NSE), three weeks before its books close on a dividend totalling Sh1.44 a share. The company now carries a valuation of Sh841 billion in terms of... Read more
11d
AllAfrica.com
Region Urged to Integrate Exchanges to Boost Cross-Border Tradealso conducted public education campaigns and introduced mobile phone payments
Region Urged to Integrate Exchanges to Boost Cross-Border Trade
AllAfrica.com / Posted 11 days ago
also conducted public education campaigns and introduced mobile phone payments in IPO and secondary market trading. The Nairobi Securities Exchange and Officials from the Uganda Securities Exchange said they would soon start trading government... Read more
13d
AllAfrica.com
Uchumi Bets On Sh1.2 Billion State Funds to Stabilise, Suspends Search for Investoradded that a rights issue is also difficult in the context of the share price c
Uchumi Bets On Sh1.2 Billion State Funds to Stabilise, Suspends Search for Investor
AllAfrica.com / Posted 13 days ago
added that a rights issue is also difficult in the context of the share price collapse to the current level of Sh4 on the Nairobi Securities Exchange (NSE). "Getting a strategic investor now will be punishing existing shareholders," Mr... Read more
16d
AllAfrica.com
CfC Rides on Interest to Record 22% Jump in Profita 22.1 per cent growth in net profit in the half year ended June, helped by hig
CfC Rides on Interest to Record 22% Jump in Profit
AllAfrica.com / Posted 16 days ago
a 22.1 per cent growth in net profit in the half year ended June, helped by higher interest income. The firm listed on the Nairobi Securities Exchange said its net earnings in the period stood at Sh2.3 billion compared to Sh1.9 billion the year... Read more
19d
AllAfrica.com
As Kenya Prepares to Float a Green Bond, Here's What It IsAssociation says. The bond will be floated following collaboration between the
As Kenya Prepares to Float a Green Bond, Here's What It Is
AllAfrica.com / Posted 19 days ago
Association says. The bond will be floated following collaboration between the Kenya Bankers Association (KBA) and the Nairobi Securities Exchange, paving the way for Kenya to join its peers on the continent in tapping the growing investor... Read more
20d
AllAfrica.com
Local Insurance Industry Hits Sh500 Billion Markfor further growth of the insurance sector in the country. Britam is a diversi
Local Insurance Industry Hits Sh500 Billion Mark
AllAfrica.com / Posted 20 days ago
for further growth of the insurance sector in the country. Britam is a diversified financial services group listed on the Nairobi Securities Exchange. It has interests across the Eastern and Southern Africa region, with operations in Kenya,... Read more
20d
AllAfrica.com
Bond Sales At the NSE Fall 62% in July on Lower LiquidityBond turnover in the secondary market on the Nairobi Securities Exchange (NSE)
Bond Sales At the NSE Fall 62% in July on Lower Liquidity
AllAfrica.com / Posted 20 days ago
Bond turnover in the secondary market on the Nairobi Securities Exchange (NSE) fell by 62 per cent in July compared to June due to lower liquidity in the money markets and investors pushing funds into primary market securities. Data compiled by... Read more
23d
AllAfrica.com
South Africa Firm Establishes Regional Base in NairobiKenyan town of Marsabit. Fieldstone's services were also sought when Uganda's
South Africa Firm Establishes Regional Base in Nairobi
AllAfrica.com / Posted 23 days ago
Kenyan town of Marsabit. Fieldstone's services were also sought when Uganda's utility firm, Umeme Ltd, cross-listed on the Nairobi Securities Exchange (NSE) in December 2012.Its corporate advisory services include project financing, mergers and... Read more
23d
AllAfrica.com
KCB Puts Off Sh10 Billion Rights Issue Indefinitelyas its net profit increased 13.6 per cent to Sh10.5 billion in the half year en
KCB Puts Off Sh10 Billion Rights Issue Indefinitely
AllAfrica.com / Posted 23 days ago
as its net profit increased 13.6 per cent to Sh10.5 billion in the half year ended June. The lender listed on the Nairobi Securities Exchange-listed said it has suspended the cash call, opting for debt financing and internally generated... Read more
24d
AllAfrica.com
Custodial Services Closely Monitored, Says Regulatorsaid the subsector is well regulated and comparing two markets under different
Custodial Services Closely Monitored, Says Regulator
AllAfrica.com / Posted 24 days ago
said the subsector is well regulated and comparing two markets under different jurisdictions was dead wrong. "Yes NSE (Nairobi Securities Exchange) had registered some cases of share selling without holder's consent but it is dead wrong to put... Read more
24d
AllAfrica.com
Superior Homes to List on NSE Gems CounterReal estate firm, Superior Homes, is planning to list on the Growth Enterprise
Superior Homes to List on NSE Gems Counter
AllAfrica.com / Posted 24 days ago
Real estate firm, Superior Homes, is planning to list on the Growth Enterprise Market Segment (Gems) of the Nairobi Securities Exchange (NSE) as part of its strategy to raise capital for expansion. It has appointed Burbidge Capital as the lead... Read more

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