@BusinessDaily

Foreign investors start year with sale of banks, EABL stocks

8 days ago, 08:50

By: Charles Mwaniki

Foreign investors started off the New Year in a net selling mode, taking out a net of Sh176 million from the stock market last week as they sold off banking stocks and the EABL stock. Market data compiled by Standard Investment Bank (SIB) at the end of the first week of trading in 2018 shows the trend has continued from last year, when the foreigners sold Sh12.2 billion more than they bought in the market. They were also more active in the market last week than has been the norm in recent months ...
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Category: business news lifestyle economy opinion markets corporate

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@BusinessDaily

Foreign investors start year with sale of banks, EABL stocks

8 days ago, 08:50

By: Charles Mwaniki
Foreign investors started off the New Year in a net selling mode, taking out a net of Sh176 million from the stock market last week as they sold off banking stocks and the EABL stock. Market data compiled by Standard Investment Bank (SIB) at the end of the first week of trading in 2018 shows the trend has continued from last year, when the foreigners sold Sh12.2 billion more than they bought in the market. They were also more active in the market last week than has been the norm in recent months ...
Read More

Category: business news lifestyle economy opinion markets corporate

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19 hours ago, 11:46
@BusinessDaily - By: Kiplagat Edwin
Ethiopian Airlines acquires 45pc stake in Zambia Airways

Zambia set to revival national carrier after more than two decades. ...

Category: business news corporate lifestyle economy opinion markets
18 hours ago, 13:09
@TheEastAfrican - By: Business Daily
Safaricom hits $11.7bn value in New Year rally

The company’s stock has risen 10 per cent in the first two weeks of the year. ...

Category: business topnews news
15 hours ago, 15:53
@DailyNation - By: Charles Mwaniki
Political stability will cut bad loans, says UK’s Exotix

Exotix Partners says slow economy contributed to rise in non-performing loans in 2017. ...

Category: topnews news business
7 hours ago, 23:25
@StandardMedia - By: Patrick Alushula
Kenya beats top rivals to rank fifth on stock markets index

A survey by Barclays shows a strong performance in key pillars including depth and macro-economic opportunity. ...

Category: topnews news business
8 hours ago, 23:05
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Former employees of struggling retailer Nakumatt to open new Supermarket

The outlet, which is undergoing final preparations for the launch, will employ 20 former stewards and cashiers. ...

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