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Madness at the NSE
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Ericsson
#1101 Posted : Monday, April 10, 2017 9:59:23 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
Kenya’s Stock Market Hits New 2017 High
Nairobi All Share Index (NASI) – a weighted index consisting of all the securities on the Nairobi Securities Exchange on Friday’s trading session closed at a new 2017 high of 132.95 points on a decent 11 per cent gain since 8th March 2017.

The gains have been mainly pushed by the Banking stocks which were triggered by comments from the Central Bank of Kenya (CBK) Governor Patrick Njoroge and Treasury CS Henry Rotich that the government was monitoring the impact of the rate cap law situation with a view of reviewing it.

In his State Of the Nation Address on March 15th, President Kenyatta affirmed that the Government was looking into the matter and would make a decision before the elections.

“On the issue of access to credit for SMEs, it is unfortunate that the unintended consequence of the capping of interest rates was a slowdown in lending by our commercial banks. This is an issue that concerns us and is one that I will actively seek to resolve so that credit can start to flow again to the real drivers of our economy.” said President Kenyatta.

Lets have a look at a few top gainers with a significant weight on the NASI

KCB Group (+ 47%)

Since the beginning of February, KCB Group Share Price is Up by 47 per cent from Sh 23 to Friday’s closing price of Sh 33.75 per share. The lender on 9th March also announced a 50% increase in dividends for the FY 2016.

Equity Group (+46%)

Equity Bank (EQTY) Share Price is Up 46 Per cent since January 30th as shown in the Chart Below. From Sh 23.5 to Sh 34.25.

Stanchart Kenya (+30% Since 31st Jan)

Standard Chartered Bank Kenya is among the top lenders that posted impressive FY Earnings for the FY ended 31st December 2016. The Bank’s share Price has also skyrocketed by 30% since 31st January 2016.

Coop Bank Kenya (+23.4% Since Feb 6)

Cooperative Bank Of Kenya Stock (Coop) on Friday 7th April Closed at Sh 14.00, 23.4% rise since Monday Feb 6th 2017. The Bank posted a 15% increase in Profits Before Tax and recommended a bonus issue of one (1) share for every (5) shares held pending regulatory approval

Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#1102 Posted : Monday, April 10, 2017 11:05:38 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,323
Location: nairobi
Ericsson wrote:
Kenya’s Stock Market Hits New 2017 High
Nairobi All Share Index (NASI) – a weighted index consisting of all the securities on the Nairobi Securities Exchange on Friday’s trading session closed at a new 2017 high of 132.95 points on a decent 11 per cent gain since 8th March 2017.

The gains have been mainly pushed by the Banking stocks which were triggered by comments from the Central Bank of Kenya (CBK) Governor Patrick Njoroge and Treasury CS Henry Rotich that the government was monitoring the impact of the rate cap law situation with a view of reviewing it.

In his State Of the Nation Address on March 15th, President Kenyatta affirmed that the Government was looking into the matter and would make a decision before the elections.

“On the issue of access to credit for SMEs, it is unfortunate that the unintended consequence of the capping of interest rates was a slowdown in lending by our commercial banks. This is an issue that concerns us and is one that I will actively seek to resolve so that credit can start to flow again to the real drivers of our economy.” said President Kenyatta.

Lets have a look at a few top gainers with a significant weight on the NASI

KCB Group (+ 47%)

Since the beginning of February, KCB Group Share Price is Up by 47 per cent from Sh 23 to Friday’s closing price of Sh 33.75 per share. The lender on 9th March also announced a 50% increase in dividends for the FY 2016.

Equity Group (+46%)

Equity Bank (EQTY) Share Price is Up 46 Per cent since January 30th as shown in the Chart Below. From Sh 23.5 to Sh 34.25.

Stanchart Kenya (+30% Since 31st Jan)

Standard Chartered Bank Kenya is among the top lenders that posted impressive FY Earnings for the FY ended 31st December 2016. The Bank’s share Price has also skyrocketed by 30% since 31st January 2016.

Coop Bank Kenya (+23.4% Since Feb 6)

Cooperative Bank Of Kenya Stock (Coop) on Friday 7th April Closed at Sh 14.00, 23.4% rise since Monday Feb 6th 2017. The Bank posted a 15% increase in Profits Before Tax and recommended a bonus issue of one (1) share for every (5) shares held pending regulatory approval


COOP still trading at immorally low price
COOP, IMH, KEGN, KQ, MTNU
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lochaz-index
#1103 Posted : Monday, April 10, 2017 12:39:58 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
Ericsson wrote:
Kenya’s Stock Market Hits New 2017 High
Nairobi All Share Index (NASI) – a weighted index consisting of all the securities on the Nairobi Securities Exchange on Friday’s trading session closed at a new 2017 high of 132.95 points on a decent 11 per cent gain since 8th March 2017.

The gains have been mainly pushed by the Banking stocks which were triggered by comments from the Central Bank of Kenya (CBK) Governor Patrick Njoroge and Treasury CS Henry Rotich that the government was monitoring the impact of the rate cap law situation with a view of reviewing it.

In his State Of the Nation Address on March 15th, President Kenyatta affirmed that the Government was looking into the matter and would make a decision before the elections.

“On the issue of access to credit for SMEs, it is unfortunate that the unintended consequence of the capping of interest rates was a slowdown in lending by our commercial banks. This is an issue that concerns us and is one that I will actively seek to resolve so that credit can start to flow again to the real drivers of our economy.” said President Kenyatta.

Lets have a look at a few top gainers with a significant weight on the NASI

KCB Group (+ 47%)

Since the beginning of February, KCB Group Share Price is Up by 47 per cent from Sh 23 to Friday’s closing price of Sh 33.75 per share. The lender on 9th March also announced a 50% increase in dividends for the FY 2016.

Equity Group (+46%)

Equity Bank (EQTY) Share Price is Up 46 Per cent since January 30th as shown in the Chart Below. From Sh 23.5 to Sh 34.25.

Stanchart Kenya (+30% Since 31st Jan)

Standard Chartered Bank Kenya is among the top lenders that posted impressive FY Earnings for the FY ended 31st December 2016. The Bank’s share Price has also skyrocketed by 30% since 31st January 2016.

Coop Bank Kenya (+23.4% Since Feb 6)

Cooperative Bank Of Kenya Stock (Coop) on Friday 7th April Closed at Sh 14.00, 23.4% rise since Monday Feb 6th 2017. The Bank posted a 15% increase in Profits Before Tax and recommended a bonus issue of one (1) share for every (5) shares held pending regulatory approval


I understand that the bear run has been long and arduous but it's too early to pop the champagne.
The main purpose of the stock market is to make fools of as many people as possible.
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bartum
#1104 Posted : Monday, April 10, 2017 12:54:29 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
lochaz-index wrote:
Ericsson wrote:
Kenya’s Stock Market Hits New 2017 High
Nairobi All Share Index (NASI) – a weighted index consisting of all the securities on the Nairobi Securities Exchange on Friday’s trading session closed at a new 2017 high of 132.95 points on a decent 11 per cent gain since 8th March 2017.

The gains have been mainly pushed by the Banking stocks which were triggered by comments from the Central Bank of Kenya (CBK) Governor Patrick Njoroge and Treasury CS Henry Rotich that the government was monitoring the impact of the rate cap law situation with a view of reviewing it.

In his State Of the Nation Address on March 15th, President Kenyatta affirmed that the Government was looking into the matter and would make a decision before the elections.

“On the issue of access to credit for SMEs, it is unfortunate that the unintended consequence of the capping of interest rates was a slowdown in lending by our commercial banks. This is an issue that concerns us and is one that I will actively seek to resolve so that credit can start to flow again to the real drivers of our economy.” said President Kenyatta.

Lets have a look at a few top gainers with a significant weight on the NASI

KCB Group (+ 47%)

Since the beginning of February, KCB Group Share Price is Up by 47 per cent from Sh 23 to Friday’s closing price of Sh 33.75 per share. The lender on 9th March also announced a 50% increase in dividends for the FY 2016.

Equity Group (+46%)

Equity Bank (EQTY) Share Price is Up 46 Per cent since January 30th as shown in the Chart Below. From Sh 23.5 to Sh 34.25.

Stanchart Kenya (+30% Since 31st Jan)

Standard Chartered Bank Kenya is among the top lenders that posted impressive FY Earnings for the FY ended 31st December 2016. The Bank’s share Price has also skyrocketed by 30% since 31st January 2016.

Coop Bank Kenya (+23.4% Since Feb 6)

Cooperative Bank Of Kenya Stock (Coop) on Friday 7th April Closed at Sh 14.00, 23.4% rise since Monday Feb 6th 2017. The Bank posted a 15% increase in Profits Before Tax and recommended a bonus issue of one (1) share for every (5) shares held pending regulatory approval


I understand that the bear run has been long and arduous but it's too early to pop the champagne.

Just pop, we are headed 3600
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littledove
#1105 Posted : Friday, May 12, 2017 1:06:17 PM
Rank: Veteran

Joined: 7/1/2014
Posts: 928
Location: sky
Sufficiently Philanga....thropic wrote:
Havent seen this level of Greed since 2006.
Truly peace haa the greatest returns.
Tomorrow we hit 5,000pts,whether or not MPC hikes CBR.

God bless Kenya!!!

cic and centum reminds me this, signs of what to expect when the bull returns!!!
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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obiero
#1106 Posted : Sunday, May 14, 2017 8:43:11 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,323
Location: nairobi
Tomorrow the rally gets steroids
COOP, IMH, KEGN, KQ, MTNU
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Ericsson
#1107 Posted : Sunday, May 14, 2017 9:41:40 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
obiero wrote:
Tomorrow the rally gets steroids

4 hours we await.
8 hours ni ya kulala
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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littledove
#1108 Posted : Tuesday, May 23, 2017 9:41:46 AM
Rank: Veteran

Joined: 7/1/2014
Posts: 928
Location: sky
The NSE 20 Share Index added 40.81 points to end the day at 3296.16Bn while the NSE All Share Index was up by 1.37 points to settle at 140.83 points. The NSE 25 Share Index gained 33.26 points to close the day at 3741.91 points.
many companies have already closed books for dividends but the share prices remains stable.
a slow bull?

There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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mlennyma
#1109 Posted : Tuesday, May 23, 2017 10:17:57 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
littledove wrote:
The NSE 20 Share Index added 40.81 points to end the day at 3296.16Bn while the NSE All Share Index was up by 1.37 points to settle at 140.83 points. The NSE 25 Share Index gained 33.26 points to close the day at 3741.91 points.
many companies have already closed books for dividends but the share prices remains stable.
a slow bull?


a bull can only surface after the elections cloud
"Don't let the fear of losing be greater than the excitement of winning."
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sparkly
#1110 Posted : Tuesday, May 23, 2017 11:21:13 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
mlennyma wrote:
littledove wrote:
The NSE 20 Share Index added 40.81 points to end the day at 3296.16Bn while the NSE All Share Index was up by 1.37 points to settle at 140.83 points. The NSE 25 Share Index gained 33.26 points to close the day at 3741.91 points.
many companies have already closed books for dividends but the share prices remains stable.
a slow bull?


a bull can only surface after the elections cloud


Bear is going into hibernation.

We have a young bull
Life is short. Live passionately.
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