Kenya stock markets |

Kenyan Stocks, World’s Worst This Year, Set to Fall Further

NAIROBI (Capital Markets in Africa) – Kenyan stock prices at more than three-year lows may have further to fall with domestic investors favoring bonds and foreign buyers waiting for lower valuations, the head of the bourse said. Shares on the Nairobi Securities Exchange have dropped 6.9 percent since Jan. 1, extending last year’s 8.5 percent decline, because of jitters among investors about elections scheduled for August. The yield on Kenya’s benchmark 10-year bond has fallen almost 200 basis points to…

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

Posted on by The Editorial Team

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…

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

Posted on by The Editorial Team

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…

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

Posted on by The Editorial Team

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…

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

Posted on by The Editorial Team

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…

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

Posted on by The Editorial Team

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…

Kenya Equity Markets | 05 Nov 2015: Bullish returns to NSE, Market Cap US$350 million, Equity Group most traded …

Posted on by The Editorial Team

Nairobi, Kenya Capital Markets in Africa — Bullish returned to the Nairobi Securities Exchange equity trading at the end of Thursday’s trading session. The equity market capitalization closed at KES 1,961 billion after gaining KES 35.7 billion (c.US$350 million) or 1.86 percent from the market capitalization of KES 1,925 billion recorded at the previous trading session. The Nairobi All Share Index gained 1.85 percent or 2.53 points to end at 139.42 points and the Nairobi Securities Exchange (NSE20)…

1 2 3 … 15 »