Nairobi stock exchange(NSE).
HOW TO TRADE SHARES ON NAIROBI STOCK EXCHANGE
To trade shares on NSE, an investor needs:
2) Stock broker.
A list of brokers in Kenya ,N.S.E listed brokers
Buy Standard Chartered Bank(SCB) shares on 09/04/21
*share price =142.75ksh and brokerage fee=2%
To buy 100 shares of SCB,
To buy 100 shares of Ken Gen
-Therefore, the amount of money an investor needs to start trading is determined by:
What is brokerage fee?
Brokerage fee is the amount an investor is charged by a broker to execute specialized services .The services can either be advisory or transactional.
Trading Strategies: Long Trading vs Short Trading
Involves buying an equity stock at a lower price and selling it a higher price. The exit action here is to sell the equity share(s) at a higher price to make a PROFIT.
For example: Buy 100 shares of X at Ksh 20,hold and sell when the shares when the price goes up to Ksh25.
In this case,the profit will be;
100 share * Ksh(25-20) = Ksh 500 (before commissions).
Long trading is also referred to as “Going long” ,”Buying Long”.
Going Long on stock is profitable when the share price of a stock is rising.
In short trading an investor borrows equity stock (from the broker) and sells it .
The exit action is to buy back the equity stock at a lower price (make a profit) and give it back to the broker.
An investor borrows 100 shares of X when the price Ksh 15 and sell immediately.
Investor receives Ksh 1500 in their account. The Investor’s account will reflect negative 100 shares (which will need to be returned to the broker).
The investor exit action will be to repurchase the shares at lower price (less than ksh 15),lets say ksh 10.
If the investor buys back 100 shares of X at Ksh 10 per share, he will pay Ksh 1000.
That means, the profit is Ksh 500 before broker’s fee.
Short trading is also know as “Going short”,” Shorting a stock”.
Going short is profitable when the share price of a stock falls.
Global broker Securities Africa opens Kenya office Stock broking and financial services firm, Securities Africa Group, has launched a Kenyan subsidiary. Securities Kenya Ltd has been licensed by the Capital Markets Authority (CMA) and admitted as a trading participant at the Nairobi Securities Exchange (NSE). The group is a member of the global financial services firm Altree Financial Group, which has affiliatets in New York, London, Hong Kong, Johannesburg, Lagos and Bermuda. Securities Africa MD Michael Barnes on Thursday said with Kenya being the largest and most liquid regional market, it is an important entry point into the East African market. Establishing an on-the-ground platform in Kenya has always been a core consideration for Securities Africa. We are excited at the growth potential within the region and particularly Kenya, said Mr Barnes. The firm said it intends to position itself as the top brokerage by leveraging its local network of corporations, institutions, sovereign and retail investors. Securities Africa Kenya CEO Anthony Munyiri said: We have a focused business plan that not only intends to have a major impact on the Kenyan capital markets, but across the African capital markets as a whole. We believe that it is a very opportune time for Securities Africa Kenyas entry into the Kenyan capital markets, said Mr Munyiri. Source: Business Daily Africa
In Kenya, EFG Hermes has an on-the-ground team of talented brokers and analysts to provide global institutional clients brokerage services backed by award-winning emerging and frontier market research. The Firm’s presence in Kenya serves as an East African hub for access to and coverage of neighboring markets. EFG Hermes Kenya was established in 2017. Orbit Place, Westlands Road Nairobi, Nairobi 00623, KE
Mara Rd. Upper-hill P.O Box 44599-00100, Nairobi Kenya Mainline (Switchboard) +254 20 2884000 Customer Care Contact Tel: +254 20 2884444 Mobile: +254 711 056444/+254 732 156444
Value Creation Our relevance as a Group lies in our ability to create long-term value for our stakeholders and investors, provide differentiation while also increasing our own capitals.
African Alliance Kenya Investment Bank Limited - Asset Management Physical address 4th Floor Kenya Re Towers Upper Hill Off Ragati Road Postal address PO Box 27639 Nairobi 00506
16th floor JKUAT Building, Kenyatta Avenue, P.O. Box 13714 – 00800, Nairobi, Kenya Telephone: +254(0) 20 2277 000: Mobile: +254(0) 777 333 000: WhatsApp +254(0) 793 333 000 Email: firstname.lastname@example.org
The Promenade, 5th Floor, General Mathenge Drive, Westlands, PO. Box 43676-00100 Nairobi, Kenya Call: +254-711047000/112 Email: email@example.com Feedback: firstname.lastname@example.org
Physical Address: Hughes Building, 2nd Floor (Kenyatta Avenue and Muindi Mbingu Street Junction) Postal Address: P.O. Box 45465-00100 (GPO) Nairobi, Kenya
Our priority at Genghis is to consistently provide our current and prospective clients with value in the services we provide. It is for this reason that we lay emphasis on consistent and efficient service delivery.
Faida Investment Bank Limited is a market leader in the Kenyan securities and capital markets, achieving consistent, unassailable top performance in secondary trading at the Nairobi Securities Exchange.
Dyer & Blair has been a pivotal player in the development and transformation of the local and regional capital markets through being a founder member of the Nairobi Securities Exchange (NSE), the Uganda Securities Exchange (USE) in 1997 and the Rwanda Stock Exchange (RSE) in 2011.
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