By Simon Kitchen, MD and Head of Strategy, EFG Hermes Research The GCC has dominated global IPO markets in 2022, raising 23% (USD21 billion) of the USD91 billion raised in all global IPOs this year. This is a remarkable feat when you consider that in 2021, the region accounted for just 2% (USD10 billion) of […]
By Joanne Kabiru, Associate Director, Brokerage Operations, EFG Hermes Kenya Studies show women investors earn higher returns than men when given the same opportunities. During these uncertain times of high inflation and falling stock prices, there is an opportunity for all women in our society to start their journey to achieve financial security. The Russia […]
How has the Kenyan market performed in 2021 and what should we expect during the upcoming election year of 2022?
Author: Muammar Ismaily – VP & Analyst at EFG Hermes Kenya During the year 2021, the Kenyan equities market performed relatively well, with NASI, NSE 20 and NSE 25 increasing by 9.43%, 1.83% and 9.62%, respectively. The best performing stocks were Car & General (+54.32%), Equity Group (+44.32%) and BK Group (+41.46%). Notably, Safaricom, which […]
Author: Moses Njuguna – Vice President, Research, EFG Hermes Kenya On the 22nd of November 2021, the roll out of Day Trading went live on the Nairobi Securities Exchange (NSE), as part of its strategy to enhance market liquidity. The NSE received regulatory approval from the Capital Markets Authority (CMA) on the 26th of October […]