Daily Market Report - 4th June 2020
Market Commentary: The All Share Index (NASI) gained for the third consecutive day this week (+1.8% week to date) to close the day at 139.59. We attribute this…
Daily Market Report - 3rd June 2020
Market Commentary: The All Share Index and NSE 20 Share Index gained marginally by 0.5% and 0.3% to close the day at 138.26 and 1,936.17 respectively. We…
Daily Market Report - 2nd June 2020
Market Commentary: The All Share Index gained marginally by 0.3% to close the day at 137.60 from the previous trading session. This was attributed to Safaricom…
Daily Market Report - 28th May 2020
Market Commentary: The All Share Index eased by 0.9% from the previous session to close the day at 136.51 characterized by reduced trading volumes. Equity…
Daily Market Report - 27th May 2020
Market Commentary: The All Share Index eased by 0.8% to close the day at 137.81. We partly attribute this to losses on Safaricom (1.2%), EABL (1.1%), Coop…
Daily Market Report - 26th May 2020
Market Commentary: · The All Share Index eased by 1.0% from the previous trading session to close the day at 138.94. Notable losers included Equity Group and…
Daily Market Report - 21st May 2020
KCB Posts an 8.5% y/y growth in After Tax Profits for 1Q2020 KCB Group posted an 8.5% y/y growth in after tax profits for 1Q2020 to KES 6.3 billion (1Q2019:…
Daily Market Report - 20th May 2020
NCBA Posts KES 1.6 Bn In After Tax Profits For 1Q2020 NCBA Group realized after tax profits of KES 1.6 bn in 1Q2020. The group’s profitability was…
Daily Market Report - 19th May 2020
Market Commentary: The All Share Index continued on its gain momentum today (+1.0%) closing the day at 140.68. This was driven by price gains on large…
Daily Market Report - 18th May 2020
Market Commentary: The All Share Index was up by 2.9% to close the day at 139.28 driven by price gains in large cap counters; Equity (+5.3%), KCB (+1.1%)…
Daily Market Report - 14th May 2020
Market Commentary: The All share index declined by 2.3% to 134.19. This was due to continued selling pressure on several large cap counters, notably Equity,…
Daily Market Report - 13th May 2020
Market Commentary: The All share index declined by 1.5% to 137.37. This was due to continued selling pressure (mostly from foreign investors) on several…
Daily Market Report - 12th May 2020
Market Brief: The All share index by 0.9% to 139.42. This was partly due to significant selling pressure (mostly from foreign investors) on several large…
Daily Market Report - 11th May 2020
Market Brief: All Share Index shed 0.22 points to close at 140.65 from 140.87 as at 8th May 2020. Market turnover declined 0.2% to KES 2.15 trillion, with a…
Safaricom Launches Voice and Video over LTE (VoLTE & ViLTE)
Safaricom has launched Voice and Video over Long Term Evolution (VoLTE) technology that enables customers with VoLTE supporting devices to make voice and video calls…
Barclays Posts a 0.9% y/y Growth in After Tax Profits for 1Q2019
Barclays Group reported a 0.9% y/y growth in after tax profits to KES 1.9 billion. The performance was underpinned by a 14.0% y/y growth in non-funded income to…