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All of the companies that have given a presentation before the bourse will use their financial statement issued in December, except Kota Deltamas which will use its March financial statement, IDX listing director Hoesen said. Each company has a six
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Share purchases by foreign investors at the bourse almost doubled in the first four months this year, highlighting the increasing attraction of Kenya's equity market. Data from the Nairobi Securities Exchange (NSE) shows that the value of the stocks
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Olympia Capital Holdings, a local maker of building materials, topped last week's gainers at the Nairobi Securities Exchange as the market dropped three percentage points. The stock continued the rally that began two weeks ago despite what analysts
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Last May, Facebook's overpriced initial public stock offering helped sour investors on young companies essentially blocking many firms looking to sell shares to the public for the first time. But with the stock market rally so far this year, industry
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More than a third of the companies listed at the Nairobi bourse do not have women directors as State-owned firms outperformed private companies on boardroom gender equality, a study by Kenya Institute of Management has found. The study says 34 per
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Efforts to open up new avenues for investment in family owned firms in Oman are gathering momentum as the authorities step up a bid to steer more local firms towards listing on the sultanate's stock exchange. Data held by the Capital Market Authority
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The bourse opened last week on a high note, with a turnover of Sh734 million transacted on the first day, setting the stage for an intense battle between fear and greed. Bears hurriedly ran into hiding due to election jitters while bulls wagered on
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Low foreign investor participation saw turnover at the Nairobi Securities Exchange (NSE) fall by 11.7 per cent during trading on Thursday. Sh382 million was traded at the Nairobi bourse down from the Sh422 million reported during the previous session.
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Rating In Summary This would increase competition, efficiency and market turnover, further unlocking the potential of the domestic market in raising money to finance government projects. Public listing of the Nairobi Securities Exchange will pave the
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NSE 20 Share index trended downwards last week after a series of profit taking trades hit several counters plunging the market 120 points lower to close at 4,379, a level 174 points away from its recent peak at 4,553. All-Share Index shaved-off 1.75
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