East Africa: Investors on alert as KQ, Uchumi financial challenges deepen
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TWO Kenyan firms, Kenya Airways and Uchumi Supermarket are risking to be delisted from the East African Stock markets due to poor balance sheets.
1M | 3M | YTD | 1Y | 2Y |
-3.70% | -4.43% | +18.34% | +1.12% | -12.76% |
Value Traded (Mln KES) 293.60 |
Volume 17,976,600 |
Transactions - |
Market Cap. (Bln KES) 1,616.82 |
TWO Kenyan firms, Kenya Airways and Uchumi Supermarket are risking to be delisted from the East African Stock markets due to poor balance sheets.
Profit alerts at the the region's largest bourse have hit 11 this year after Standard Chartered Bank last week warned full-year earnings for 2015 would fall making it the second year in a row for such a number of notices.
STANLIB Kenya Limited, a subsidiary of Liberty Holdings Limited, is pleased to officially launch the trading of the STANLIB Fahari I-REIT shares on the Nairobi Securities Exchange (NSE).
CFC Stanbic has recorded a 33.6 per cent drop in profits after tax for the nine months to September following a decline in non-interest income.