HF Group secures Sh1 billion capital injection from Britam
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Housing Finance (HF) Group is set to receive an Sh1 billion capital injection from Britam Holdings ahead of its transformation into a full-service bank.
1M | 3M | YTD | 1Y | 2Y |
-2.97% | -3.07% | +19.01% | +2.45% | -12.26% |
Value Traded (Mln KES) 86.75 |
Volume 6,479,300 |
Transactions - |
Market Cap. (Bln KES) 1,625.98 |
Housing Finance (HF) Group is set to receive an Sh1 billion capital injection from Britam Holdings ahead of its transformation into a full-service bank.
Safaricom’s share of combined investor wealth at the Nairobi Securities Exchange (NSE) has hit a record 60.2 percent on a sustained price rally, deepening its significance at the bourse.
The Safaricom share yesterday touched a new all-time of Sh35.10, pushing the combined wealth of investors at the Nairobi bourse to levels last seen 11 months ago and brightening prospects of recovery from Covid-19-induced price plunges.
Equity turnover at the Kenyan bourse fell 6.6 percent in 2020 hurt by effects of the COVID-19 pandemic, which saw foreign investors who account for the biggest percentage of trading, exit the market.