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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…

Faida Research June 3, 2020

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…

Faida Research June 2, 2020

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…

Faida Research May 29, 2020

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…

Faida Research May 27, 2020

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…

Faida Research May 26, 2020

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:…

Faida Research May 21, 2020

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…

Faida Research May 21, 2020

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…

Faida Research May 19, 2020

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%)…

Faida Research May 18, 2020

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,…

Faida Research May 14, 2020

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…

Faida Research May 14, 2020

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…

Faida Research May 13, 2020

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…

Faida Research May 11, 2020
Safaricom Launches Voice and Video over LTE (VoLTE & ViLTE)

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…

Faida Research June 26, 2019

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…

Faida Research May 31, 2019

DTB Reports a 9.3% y/y Growth in After Tax Profits for 1Q2019

Diamond Trust Bank posted a 9.3% y/y growth in after tax profits to KES 2.0 billion from KES 1.8 billion reported in 1Q2018. The increase in profitability was primarily…

Faida Research May 30, 2019