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) but later changed its name to KASIB in order to accommodate the interests and aspirations of investment banks that also operate as stockbrokers.
The eighteen members all have seats at the NSE and are holders of their respective licenses as stockbrokers or investment banks.

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Market Growth

Investor Education

Code of Ethics

Investor Protection

Investor Education

  • Insider Trading : 

    There are two types of insider trading. The first type occurs when someone trades shares at the stock exchange based on crucial information about the company which the public do not yet know. This is illegal regardless of whether you are a director, broker, friend or family member of an insider. The second is legal and occurs when an insider buys such shares but after the crucial information has been made public at which time there is no direct advantage over other investors.

  • Market Capitalization : 

    Market capitalization is the total market value of a company calculated by multiplying the number of shares by the current market price per share. Example; if a company has 10 million shares, and the current market price per share is KES 10.00 then the market capitalization for that company is KES 100 million.

  • Bad Delivery : 

    This is when the delivery of a share certificate, together with the deed of transfer is considered defective or if it is not delivered within a stipulated period. Defects may arise from mutilation, correction, overwriting, erasure, alterations, illegibility, inconsistencies in names, missing details etc. In case your stockbroker gives you a bad delivery, he is obliged to get you a replacement of the certificate or the deed of transfer.

  • Dividend Yield : 

    This is the return on the money invested in a security. It is simply the dividend quoted in terms of a percentage of the current market price. For example, if the dividend declared is KES 1.00 and the closing price of the share is KES 20.00, then the dividend yield is 5%.

  • Bid : 

    The highest price a buyer is willing to pay for a stock. It stipulates both the price and the quantity that the buyer requires to purchase.



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