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<p>Foreign investors pulled out $10 million from the Nairobi Securities Exchange in July, marking the sixth straight month of net-selling despite the prevailing rise in the market wealth. Economic Analyst Aly-Khan Satchu spoke to CNBC Africa for more.</p>


Foreign investors at NSE pull out $10mn in July

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<p>The Nairobi Securities Exchange All Share Index yesterday gained 0.12 points to close at 179.01, while the NSE 20 Share Index declined by 6.38 points to close at 1978.99. On the corporate bonds market this week, the final tranche of the Acorn Green Bond was oversubscribed by 146 per cent. Founder of Mwango Capital, Erick Mokaya is on the line for more on this week&#8217;s happenings on the Kenyan bourse.</p>


Tracking Kenyan market movements

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<p>The blue-chip companies continue to be the favourite for investors at the Nairobi Securities Exchange in the first half of the year. CNBC Africa spoke with the Chief Executive of the Nairobi Securities Exchange, Geoffrey Odundo, on the performance of the bourse in the first six months to June 2021.</p>


Nairobi Securities Exchange CEO breaks down the bourse’s  half-year performance

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<p>10 companies on the Nairobi Securities Exchange accounted for almost 95 per cent of the total turnover for the month of June, for more on the NSE performance CNBC Africa with the Founder of Mwango Capital, Erick Mokaya.</p>


NSE June trading review

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<p>Allan Kilavuka took the helms at Kenya Airways on the 1st of April with a target of turning around the struggling national carrier.</p>


Kenya Airways looks to bounce back from COVID-19 shocks

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<p>At the close of last week, Nairobi Securities Exchange recorded a 53.6 per cent decline to $21.5 million.</p>


Kenyan market review

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<p>Two media companies with contrasting movement on the Nairobi Securities Exchange this week, with NMG counter the biggest gainer thus far while standard media group has slid further into the red, Erick Mokaya, Founder at Mwango Capital joins CNBC Africa for more.</p>


StanChart set to offer cryptocurrency trading platform

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<p>Nation Media Group board of directors recommended that the firm’s shareholders effect the Share Buyback plan by way of open market purchases through on the Nairobi Securities Exchange. NMG share price has been declining for the past 5 years and since the announcement the share price increased by nearly 90 per cent that’s in contrast to the 60 per cent decline on the market cap in 2020. Robert Karuiyi, Investment Research Analyst at Cytonn joins CNBC Africa on more.</p>


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Kenya’s Nation Media Group gets regulatory approval for share buyback

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<p>Safaricom shareholders paper wealth rose by Sh90.1 billion yesterday as investors rushed to buy the company’s shares after it was awarded a license to enter Ethiopia’s market. It marks one of the largest one-day gains on a single stock in the history of the Nairobi Securities Exchange. Stellah Swakei, Investment analyst at Cytonn joins CNBC Africa for more.</p>


Safaricom shares hit record high on Ethiopian licence

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<p>The banking sector was the most active at the Nairobi Securities Exchange when trading closed last week, with shares valued at Ksh 1.8 billion transacted which accounted for 60.96 per cent of the week’s traded value. KCB was the top mover in this sector with 21 million shares and Equity Group Holdings trading a total of 20 million shares during the week. Safaricom Plc dropped its position as the top mover as investors reacted to a decline in the firm&#8217;s net earnings for the 2020/21 financial year. Solomon Kariuki, Investment Analyst at Cytonn joins CNBC Africa for more.</p>


Tracking movements shaping Kenya’s market space

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<p>In Q1 2021, the Nairobi Securities Exchange recorded a 20.88 per cent increase in market capitalization to $22.5 billion registered from $18.6 Billion in Q1. 2020, this is according to Capital Markets Authority.  Moreover, the Central Bank of Kenya has invited bids for re-opened 15-year treasury bonds and new 25- year treasury bonds, all worth a total of $278 million to raise funds to support budgetary spending. Justin Mwangi, Investment Analyst at Cytonn joins CNBC Africa for more.</p>


How the NSE performed in first quarter of 2021

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<p>Bamburi Cement more than tripled its net profit in the year ended December 2020, recording the biggest earnings jump among Nairobi Securities Exchange listed firms. The company’s Group Managing Director, Seddiq Hassani joins CNBC Africa for more.</p>


Cost cutting pays dividends for Bamburi Cement

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<p>Chief Executive of the Nairobi Securities Exchange, Geoffrey Odundo, explains the bourse&#8217; move to acquire a 4.9 per cent stake in the Dar es Salaam Stock Exchange.</p>


Nairobi Securities Exchange expands stake in Dar es Salaam bourse

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<p>Despite the Covid-19 pandemic, the Nairobi Securities Exchange All Share Index is up by 6.6 per cent year on year. CNBC Africa spoke with the Chief Executive of the Nairobi Securities Exchange, Geoffrey Odundo, on the performance of the bourse.</p>


NSE CEO on how the Kenyan bourse performed amid COVID-19 crisis

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<p>Liquidity at the Dar es Salaam Stock Exchange increased by 53 per cent in March, this was attributed to the rise in trading of government securities which offset a minimal drop in shares at the beginning of the year.</p>


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Bond trading boosts DSE turnover by over 50% in March

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<p>The Nairobi Securities Exchange recently launched an unquoted securities platform, allowing trading of securities of unlisted companies. This is part of efforts to attract companies to the bourse which has experienced listing drought for the past few years. David Ngugi Gitau, Investment Analyst at Cytonn joins CNBC Africa for more.</p>


Kenyan bourse looks to attract companies with its unquoted securities platform

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<p>The share price of Kenyan telco Safaricom has been growing steadily in recent weeks and has seen it account for around 60 per cent of all stocks at the Nairobi Securities Exchange. Its dominance of the NSE along with 4 other companies has been flagged by the capital market authority as a big risk. CNBC Africa spoke to Ann Wacera, Investment Analyst at Cytonn investments for more.</p>


Nairobi Securities Exchange

Foreign investors at NSE pull out $10mn in July

Tracking Kenyan market movements

Nairobi Securities Exchange CEO breaks down the bourse’s half-year performance

NSE June trading review

Kenya Airways looks to bounce back from COVID-19 shocks

Kenyan market review

StanChart set to offer cryptocurrency trading platform

Kenya’s Nation Media Group gets regulatory approval for share buyback

Safaricom shares hit record high on Ethiopian licence

Tracking movements shaping Kenya’s market space

How the NSE performed in first quarter of 2021

Cost cutting pays dividends for Bamburi Cement

Nairobi Securities Exchange expands stake in Dar es Salaam bourse

NSE CEO on how the Kenyan bourse performed amid COVID-19 crisis

Bond trading boosts DSE turnover by over 50% in March

Kenyan bourse looks to attract companies with its unquoted securities platform

The impact of market concentration on the Nairobi Securities Exchange

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Nairobi Securities Exchange

Foreign investors at NSE pull out $10mn in July

Tracking Kenyan market movements

Nairobi Securities Exchange CEO breaks down the bourse’s half-year performance

NSE June trading review

Kenya Airways looks to bounce back from COVID-19 shocks

Kenyan market review

StanChart set to offer cryptocurrency trading platform

Kenya’s Nation Media Group gets regulatory approval for share buyback

Safaricom shares hit record high on Ethiopian licence

Tracking movements shaping Kenya’s market space

How the NSE performed in first quarter of 2021

Cost cutting pays dividends for Bamburi Cement

Nairobi Securities Exchange expands stake in Dar es Salaam bourse

NSE CEO on how the Kenyan bourse performed amid COVID-19 crisis

Bond trading boosts DSE turnover by over 50% in March

Kenyan bourse looks to attract companies with its unquoted securities platform

The impact of market concentration on the Nairobi Securities Exchange

News Tips

Advertise With Us

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