Kenya

Nairobi, Kenya (Capital Markets in Africa) — Nairobi Securities Exchange equity markets continued to stay in the red zone for eleven consecutive trading sessions. The equity market capitalization ended at KES 1,958 billion after drooping KES 27.1 billion (c.US$261 million) or 1.38 percent from the market capitalization of KES 1,958 billion recorded at previous trading session. The Nairobi Securities Exchange (NSE20) index tumbled by 90.52 points or 2.17 points to close at 4,080.83 points and the…

Nairobi, Kenya (Capital Markets in Africa) — Nairobi Securities Exchange equity markets continued to stay in the red zone by shed off 2.47 percent or KES 47.40 billion (almost US$457 million) in the market capitalization to end at KES 1,958 billion from  market capitalization of KES 2,006 billion recorded at previous trading session. The Nairobi Securities Exchange (NSE20) index tumbled by 71.38 points or 1.68 points to close at 4,171.35 points and the Nairobi All Share…

Nairobi, Kenya (Capital Markets in Africa) — At the Nairobi Securities Exchange the Bear dominated and the equity market capitalization shed off 2.47 percent or KES 50.71 billion (almost US$489 million) to end at KES 2,006 billion relative to market capitalization of KES 2,056 billion recorded at previous trading session. The Nairobi Securities Exchange (NSE20) index fell by 2.18 percent or 94.74 points to close at 4,242.73 points and the Nairobi All Share Index sagged by…

Nairobi, Kenya (Capital Markets in Africa) — Nairobi Securities Exchange continued to be invaded by the Bear, as a result trading session ended negative. The market capitalization sagged by 2.03 percent or KES 42.61 billion (almost US$395.00 million) to end at KES 2,056 billion relative to market capitalization of KES 2,099 billion recorded at previous trading session. The Nairobi Securities Exchange (NSE20) index slid by 1.54 percent or 67.83 points to close at 4,337.47 points and…