NSE Updates Issuer Codes for Select Companies.
The Nairobi Securities Exchange on Thursday issued a notice of change of issuer ticker codes for certain select counters. This comes just days after the NSE updated systems went live on Monday....
IMF: Kenya’s economic growth forecast for 2019/20 to be lower.
Kenya’s economy is expected to expand by 5.6% this year and 6.0% in 2020, the International Monetary Fund said on Tuesday, lowering its forecasts from earlier this year which was a growth...
International Monetary Fund: World Economy to will Be Weakest Since 2008 Financial Crisis
The International Monetary Fund is further downgrading its outlook for the world economy, predicting that growth this year will be the weakest since the 2008 financial crisis primarily because of widening global...
Market Report 14-Oct-19
At the end of the first weekday of trading on the Nairobi Securities Exchange this week. A total of 2,501,900 shares in 415 deals, corresponding to a market value of KES 141,832,986.00,...
CBA Capital, NIC Capital & NIC Securities to Merge.
NIC Securities and NIC Capital Limited, subsidiaries of former NIC Group Plc will be merged with CBA Capital of CBA Group Limited. This comes after the Merged Unit of CBA & NIC...
NSE’s Upgraded System to go live on Monday.
The new Active Trader System of the Nairobi Securities Exchange is set to go live next Monday 14 October, 2019 bringing an end to a long wait for system change by traders...
Hong Kong Stock Exchange Drops LSE Bid. Turns Focus to Asian Markets
Hong Kong Exchanges & Clearing Ltd. said it won’t proceed with its 29.6 billion-pound ($36.4 billion) unsolicited takeover bid for London Stock Exchange Group Plc, another failed cross-border deal in the exchange sector that...
