Every effort has been made to ensure that the information provided on this website and any material available from it is accurate. However, under no circumstances, including, but not limited to, negligence, shall KASIB be liable for any special, incidental or consequential damages that result from the use of, or the inability to use, the materials in this website. Nor does KASIB warrant or make any representations regarding the use or the results of the use of the information provided on this website and any material available from it in terms of its correctness, accuracy, reliability, or otherwise.
The information provided in this website does not constitute investment, tax, legal, or any other advice. No representations are made as to the reliability or completeness of such information.
Further, readers are advised to consult with any of the registered stockbrokers, or investment banks whose contacts have been included in this website.
Code of Ethics
This is the traditional term for membership at the Nairobi Securities Exchange and is a requirement for one to transact business at the exchange..
This is a temporary suspension of trading in the shares of a particular company at the stock exchange. Order imbalances or unusual activity related to a share’s price or regulatory reasons can bring about a trading halt..
This is the term used to explain a decline in a market which is seen to be generally in an upward move. It is said that the market never goes straight up or straight down..
This is when a broker fails to meet his/her part of the contractual obligation to deliver all securities at an agreed upon date. Example; if the investor has placed an order of 1,000 shares, a delivery of 800 shares is a partial delivery..
This is a deceptive practice employed by some mutual funds managers in which recently weak stocks are sold and recently strong stocks are bought just before the funds holdings are made public in order to give the impression that they have been holding good stocks all along..