The Kenya Association of Stockbrokers and Investment Banks is an association that represents the interests of Kenyan stockbrokerage and investment banking companies. It was initially founded as the Association of Kenya Stockbrokers (AKS)
An insider is any person who has access to crucial and valuable facts about a company which the public do not yet know (inside information). Information like expansion plans, financial results, contracts won, takeover bids etc., Insiders include owners, executives and consultants of a firm. A shareholder who owns more than 10% of a company is also considered an insider. It is illegal for an insider to engage in speculative trading in the company’s shares based on such information.
This is a type of account in which a stockbroker holds shares belonging to clients, making the buying and selling of those shares easier.
This is a stock market that is reacting sharply to economic or political events e.g. change of government.
This is information about a company that has not yet been made public but which would have an impact on the company’s share price once released. Examples include expansion plans, financial results or takeover bids.
A sector is a group of securities e.g. shares, traded within the stock market that share similar characteristics. Example; Kenya Airways and Uchumi Supermarket are both in the Commercial and Services Sector while Athi River Mining and Bamburi Cement are both in the Construction and Allied Sector.