Latest Nairobi Stock Exchange News


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11/20/2018 06:34 PM


african-markets.com

Fashion retailer Deacons shares suspended from the Nairobi Securities Exchange
african-markets.com
Fashion retailer Deacons East Africa (NSE:DCON) has sunk into administration, forcing capital markets regulator to suspend its shares from trading on Nairobi bourse. The board of the cash-strapped retailer said it has appointed Peter Kahi and Atul Shah ...

and more »

11/19/2018 10:53 AM


Business Daily (press release) (blog)

Deacons to be placed under administration
Business Daily (press release) (blog)
Cash constraints facing the Nairobi Securities Exchange-listed firm have led to a decline in stock levels across most stores, leading to reduced margins. “The board of directors of the company have resolved that as a result of the financial ...

and more »

11/18/2018 07:05 PM


BIZNEWS (press release) (blog)

Why NSE is experiencing a listing dry spell 10 years later
BIZNEWS (press release) (blog)
Geoffrey Odundo, CEO of the Nairobi Securities Exchange (NSE) tells CNN about how global and local factors, outside the control of the stock market, have had a negative effect. “We've experienced, a really long lull. The last time we saw a large IPO ...

11/16/2018 08:02 AM


african-markets.com

Bank of Kigali coming to Nairobi Securities Exchange, eyes Sh7 billion
african-markets.com
“It will further enhance Kenya's position as an international financial centre and gateway for regional and international capital flows,” Mr Muthaura, who is also the chairman of the East African Securities Regulatory Authorities (EASRA), said in a ...

11/15/2018 10:54 PM


Business Daily (press release) (blog)

Foreign investors cut NSE holdings to below 20pc
Business Daily (press release) (blog)
A sustained selloff by foreign investors at the Nairobi Securities Exchange has seen their share of total issued stock drop below 20 per cent for the first time in at least six years. The Capital Markets Authority (CMA) says in its latest quarterly ...

11/14/2018 06:47 PM