Kenya Stock Markets: Identifying Opportunities in 2017

Kenya Stock Markets: Identifying Opportunities in 2017

NAIROBI (Capital Markets in Africa) – The Kenyan stock market is going through a hard-hitting period, one that has been prevalent for the last three years. In 2016, the stock market carried on its lackluster performance registering a 29.7% y/y drop in turnover to USD 1.5B for the second year running, having shed 2.9% y/y in 2015. Foreign investor participation remained dominant, averaging at 67.8% compared to 59.4% in 2015. The NSE 20 share index…

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Renewed Sell Pressure on NB Drags Nigerian Bourse… NSE ASI down 30bps

Renewed Sell Pressure on NB Drags Nigerian Bourse… NSE ASI down 30bps

LAGOS (Capital Markets in Africa) – The All Share Index was unable to sustain yesterday’s positive performance as it fell 30bps to close at 25,055.29 points following renewed sell pressure on NIGERIAN BREWERIES (-3.8%). Consequently, YTD loss worsened to -6.8%, while market capitalisation declined by N25.9bn to settle at N8.7tn. Market activity also softened as volume and value traded dipped 10.8% and 14.6% to 144.4m units and N1.5bn respectively. Bears Retain Grip on FMCGs Despite the decline…

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Private Equity: Synergy Capital Managers invests in MSY Analytics Group

Private Equity: Synergy Capital Managers invests in MSY Analytics Group

LAGOS (Capital Markets in Africa) – Synergy Private Equity Fund (SPEF) is pleased to announce the completion of its investment in MSY Analytics Group (MSY), a technology driven professional services and data analytics company focused on increasing corporate human capital productivity and organizational positioning. The Company currently operates in Nigeria with a plan to roll out across the African continent. MSY is focused on creating value for companies, organizations and Institutions by collecting, analyzing, synthesizing…

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Kenya Equity Markets | 12 Nov 2015: Kenya Equity Markets stay green, investors reward with US$92 million

Kenya Equity Markets | 12 Nov 2015: Kenya Equity Markets stay green, investors reward with US$92 million

Nairobi, Kenya Capital Markets in Africa — The bullish mood continued  for another day, the equity market capitalization ended at KES 2,023 billion after adding KES 9.4 billion (c.US$92.1 million) or 0.47 percent from the market capitalization of KES 2,013 billion recorded at the previous trading session. The Nairobi All Share Index rose by 0.47 percent or 0.67 points to end at 143.79 points but the Nairobi Securities Exchange (NSE20) index lost 2.48 points or 0.06 percent to…

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Kenya Equity Markets | 11 Nov 2015: The Bull ride on, All-share index 1.26% higher, NSE20 index gains 0.81 …

Kenya Equity Markets | 11 Nov 2015: The Bull ride on, All-share index 1.26% higher, NSE20 index gains 0.81 …

Nairobi, Kenya Capital Markets in Africa — The bullish mood stayed on for another day, the equity market capitalization ended at KES 2,013 billion after adding KES 25.02 billion (c.US$244.5 million) or 1.26 percent from the market capitalization of KES 1,988 billion recorded at the previous trading session. The Nairobi All Share Index rose by 1.26 percent or 1.78 points to end at 143.12 points and the Nairobi Securities Exchange (NSE20) index added 31.57 points or 0.81 percent…

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Kenya Equity Markets | 10 Nov 2015: Positive sentiment extends for the second trading, All-Share index 0.50% higher …

Kenya Equity Markets | 10 Nov 2015: Positive sentiment extends for the second trading, All-Share index 0.50% higher …

Nairobi, Kenya Capital Markets in Africa — Positive sentiment extended for the second trading session, the equity market capitalization closed at KES 1,988 billion after adding KES 9.89 billion (c.US$96.8 million) or 0.50 percent from the market capitalization of KES 1,978 billion recorded at the previous trading session. The Nairobi All Share Index surged by 0.50 percent or 0.70 points to end at 141.34 points but the Nairobi Securities Exchange (NSE20) index lost 5.31 points or 0.14 percent…

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Kenya Equity Markets | 09 Nov 2015: Positive sentiment opens the markets, investors gain US$64 million …

Kenya Equity Markets | 09 Nov 2015: Positive sentiment opens the markets, investors gain US$64 million …

Nairobi, Kenya Capital Markets in Africa — Positive sentiment opened the week at the Nairobi Securities Exchange equity trading session after key indices ended higher and shareholder value increased. The equity market capitalization closed at KES 1,978 billion after adding KES 6.51 billion (c.US$63.6 million) or 0.33 percent from the market capitalization of KES 1,971 billion recorded at the previous trading session. The Nairobi All Share Index rose by 0.33 percent or 0.46 points to end at 140.64…

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