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KenolKobil take over by Rubis

Billions put on ice as CMA catches KenolKobil shares cheating ahead of acquisition

A couple of suspicious trades in the run-up to the announcement of KenolKobil acquisition by French firm Rubis have put the move on ice following a crackdown by the regulator. The Capital markets Authority yesterday...
KenolKobil

Surge of KenolKobil shares slows signaling correction

After surging between October 16 and October 19, KenolKobil shares seems to be witnessing a correction at the Nairobi bourse. Yesterday, KenolKobil (KENO Sh15.3) was the top mover after moving a large block of 373.5 million...
KenolKobil Shares

Oil Marketer KenolKobil set to list employee shares

KenolKobil shares may decline to Sh13 following a move to list new ordinary shares under the Employee Share Option Plan (ESOP). Read also: New proposals to attract listing at the NSE Will local investors save...
CMA and NSE

New proposals to attract listing at the NSE

The Capital markets authority wants new policies to stimulate listing at the NSE that has declined over the last couple of years. In the main segment the last firm to list was Deacons which is...
NSE trading

Will local investors save the NSE

Local investors took positions making up 62.2 percent of Monday’s trading at the NSE following weeks of exiting foreigners on dampened investor appetite. According to Standard Investment Bank, foreign investors sustained their bearish stance at the...

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