Weekly Markets Update EP 22 | Turnover Decline on the NSE, A Shift from Equities to Fixed Income Securities and Govt Plans to Allocate Ksh 5B to Kenya Power
Weekly Markets Update EP 22 | Turnover Decline on the NSE, A Shift from Equities to Fixed Income Securities and Govt Plans to Allocate Ksh 5B to Kenya Power

Weekly Markets Update EP 22 | Turnover Decline on the NSE, A Shift from Equities to Fixed Income Securities and Govt Plans to Allocate Ksh 5B to Kenya Power

Nasty Blaq

37 min
Business & Finance
Lire

Description

<p>In this episode, the Hisa team discusses the decline in turnover on the NSE by 50% to 66 million shares valued at Ksh 2.3 billion, mainly because in the week before, we had a lot of activity in the banking sector which declined last week. NASI rose slightly upwards 0.05%, while the NSE 20 share index was down about 10.71%. Most of the contracts on the derivatives markets expired last week, with 300 hundred contracts traded on the exchange, valued at Ksh 10.4 million. Finally, we discuss why the shift from Equities to Fixed Income as fund managers and investors look for stable returns, closing with discussions on what to expect in the government's plan to allocate Ksh 5 billion to Kenya Power, the Jubilee-Allianz deal, which kicks in today, and Centum following last week's changes.&nbsp;</p> <p>Audio Production by <a href="https://www.linkedin.com/in/allygakweli/" rel="ugc noopener noreferrer" target="_blank">Ally Mwakaneno Gakweli</a>&nbsp;– Business Writer &amp; Podcast Host, Hisa Technologies</p> <p>Snippet Artwork by&nbsp;<a href="https://www.linkedin.com/in/muteti/" rel="ugc noopener noreferrer" target="_blank">Muteti Munyambu</a>&nbsp;– Hisa Technologies&nbsp;</p> <p><br></p> <p><br></p>

Diffuseur

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sandra_notes

Weekly Markets Update EP 22 | Turnover Decline on the NSE, A Shift from Equities to Fixed Income Securities and Govt Plans to Allocate Ksh 5B to Kenya Power - Listen Free | WowFM