Kenya’s Benchmark Stock Index Poised for Gains on Golden Cross

Kenya’s Benchmark Stock Index Poised for Gains on Golden Cross

NAIROBI, Kenya, Capital Market in Africa — Kenya’s benchmark equity index is set to extend gains as falling yields on government debt prompt investors to seek better returns in stocks. The 50-day moving average for the Nairobi Security Exchange All Share Index climbed above the 200-day moving average this week for the first time since 2012, a so-called golden cross that signals to some traders that further gains are in store. Yields on government 164-day paper have…

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Kenya Equity Markets | 02 Nov 2015: Nairobi Equity trading opens in red, investors lose US$47 million …

Kenya Equity Markets | 02 Nov 2015: Nairobi Equity trading opens in red, investors lose US$47 million …

Nairobi, Kenya Capital Markets in Africa — The Nairobi Securities Exchange began the week and November on a negative and bearish sentiment. The equity market capitalization closed at KES 1,926 billion by dropping KES 4.83 billion (c.US$47 million) or 0.25 percent from the market capitalization of KES 1,932 billion recorded at the previous trading session. The Nairobi All Share Index fell by 0.25 percent or 0.35 points to end at 136.93 points and the Nairobi Securities Exchange (NSE20)…

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Kenya Equity Markets | 29 Oct 2015: Positive momentum stays on, All Share index ends higher …

Kenya Equity Markets | 29 Oct 2015: Positive momentum stays on, All Share index ends higher …

Nairobi, Kenya Capital Markets in Africa — The equity market capitalization ended at KES 1,942 billion by adding KES 1.25 billion (c.US$12 million) or 0.06 percent from the market capitalization of KES 1,941 billion recorded at the previous trading session. The Nairobi All Share Index surged by 0.06 percent or 0.08 points to end at 138.07 points but the Nairobi Securities Exchange (NSE20) index sagged by 21.75 points or 0.56 percent to close at 3,884.13 points. NSE 25…

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Kenya Equity Markets | 28 Oct 2015: NSE All Share, Market Cap higher but NSE 20, NSE 25 Index lower …

Kenya Equity Markets | 28 Oct 2015: NSE All Share, Market Cap higher but NSE 20, NSE 25 Index lower …

Nairobi, Kenya Capital Markets in Africa — At the end of Wednesday’s trading session, the equity market capitalization ended at KES 1,941 billion after gaining KES 1.82 billion (c.US$18 million) or 0.09 percent from the market capitalization of KES 1,939 billion recorded at the previous trading session. The Nairobi All Share Index surged by 0.09 percent or 0.13 points to end at 137.99 points but the Nairobi Securities Exchange (NSE20) index plunged by 7.63 points or 0.19 percent…

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Cote D’Ivoire Equity Markets | 27 Oct 2015: Bullish mood continues, investors smile home with US$18 Million …

Cote D’Ivoire Equity Markets | 27 Oct 2015: Bullish mood continues, investors smile home with US$18 Million …

Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Tuesday higher than the previous day. BRVM 10 index rose from 305.78 to 305.95 points, a gain of 0.06 percent. BRVM Composite index gained 0.13 percent at 306.23 points against 305.82 points previously. The equity market capitalization grew by XOF 10.2 billion (about US$17.51million) to close at XOF 7,557 billion relative to the previous trading…

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Kenya Equity Markets | 27 Oct 2015: Bear reigns on NSE equity market, All Share index 30bps down …

Kenya Equity Markets | 27 Oct 2015: Bear reigns on NSE equity market, All Share index 30bps down …

Nairobi, Kenya Capital Markets in Africa — Nairobi Securities Exchange continued to walk toward the southern region at the end of Tuesday’s trading session. The equity market capitalization ended at KES 1,939 billion after dropping KES 6 billion (c.US$59 million) or 0.31 percent from the market capitalization of KES 1,945 billion recorded at the previous trading session. The Nairobi All Share Index declined by 0.30 percent or 0.42 points to end at 137.86 points and the Nairobi Securities…

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Kenya Equity Markets | 26 Oct 2015: Investors show cold shoulder, market capitalization US$174 million lower …

Kenya Equity Markets | 26 Oct 2015: Investors show cold shoulder, market capitalization US$174 million lower …

Nairobi, Kenya Capital Markets in Africa — Nairobi Securities Exchange equity markets started the week in a negative sentiment. The equity market capitalization ended at KES 1,945 billion after down by KES 17.76 billion (c.US$174 million) or 0.90 percent from the market capitalization of KES 1,963 billion recorded at the previous trading session. The Nairobi All Share Index sagged by 0.90 percent or 1.26 points to end at 138.28 points and the Nairobi Securities Exchange (NSE20) index plunged…

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