wazua Sun, Mar 22, 2026
Welcome Guest Search | Active Topics | Log In

6 Pages<12345>»
Market Correction!
guru267
#21 Posted : Wednesday, June 19, 2013 6:12:58 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
kizee1 wrote:
so CgT has no impact whatsoever on our market, yet Feds QE decisions do? SMH!


This is just for you to see NSE is not alone!

www.livemint.com/Money/b...advance.html?facet=print

www.thestockmarketwatch....k-market-crash-deal.html
Mark 12:29
Deuteronomy 4:16
the deal
#22 Posted : Wednesday, June 19, 2013 8:36:05 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Yesterday when we had the biggest drop in the NSE20 Index this year...foreign investors were net buyers...so stop blaming foreigners...its actually local investors who are torching the NSE...and CGT is the prime reason...cos the JSE has gained 3% since Monday...this has nothing to do with the US stimulus programme...Kenya is a frontier market...its very disconnected from what goes on...on the global arena...the best proxy is SA...for us who trade in that market will tell you so!
wilyum
#23 Posted : Wednesday, June 19, 2013 10:32:37 AM
Rank: Veteran

Joined: 12/21/2011
Posts: 1,010
how down do we expect it to dip?

is it that time of blood in the streets, for those who were left by some buses to board?
Ericsson
#24 Posted : Wednesday, June 19, 2013 10:42:53 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
The market is taking an about turn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
King G
#25 Posted : Wednesday, June 19, 2013 10:44:16 AM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
wilyum wrote:
how down do we expect it to dip?

is it that time of blood in the streets, for those who were left by some buses to board?


I don't like what I am seeing. I was hoping for more serious bleeding today ......
Thieves
kazee
#26 Posted : Wednesday, June 19, 2013 10:49:46 AM
Rank: Member

Joined: 9/18/2006
Posts: 131
King G wrote:
wilyum wrote:
how down do we expect it to dip?

is it that time of blood in the streets, for those who were left by some buses to board?


I don't like what I am seeing. I was hoping for more serious bleeding today ......


Most bluechips have refused to slide further today- Look at Member, mpesa, roar, kenya Re and coop. As someone said here earlier, timing is something no one can ever get right
symbols
#27 Posted : Wednesday, June 19, 2013 11:33:33 AM
Rank: Elder

Joined: 3/19/2013
Posts: 2,552
Ericsson wrote:
The market is taking an about turn


I really don't want it to.At least for a few more days.
mwekez@ji
#28 Posted : Wednesday, June 19, 2013 11:38:40 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
smile
Ericsson
#29 Posted : Wednesday, June 19, 2013 12:11:58 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
@symbols;We are at the dead ball bounce.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
guru267
#30 Posted : Wednesday, June 19, 2013 12:20:03 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
Yesterday when we had the biggest drop in the NSE20 Index this year...foreign investors were net buyers...so stop blaming foreigners...its actually local investors who are torching the NSE...and CGT is the prime reason...cos the JSE has gained 3% since Monday...this has nothing to do with the US stimulus programme...Kenya is a frontier market...its very disconnected from what goes on...on the global arena...the best proxy is SA...for us who trade in that market will tell you so!


@the deal have you ever heard of a time lag?? If global markets recover NSE will recover whether there is CGT or not!
Mark 12:29
Deuteronomy 4:16
6 Pages<12345>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.