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
These are shares, debentures and bonds which banks will accept as collateral for loans. Most of the shares listed at the Nairobi Securities Exchange are eligible securities..
This is the total number of shares that a company is permitted to issue according to its memorandum and articles of association. This number can only be increased if a resolution is passed to that effect by the majority of the shareholders and an application made to the registrar of companies..
A good delivery is when the delivery of a share certificate and the transfer form meet all the requirements of the transfer. They are delivered within the stipulated period and contain no defects like mutilation, erasure, correction, overwriting, alterations or inconsistencies and missing details..
A stop order is one placed by an investor with a stockbroker to buy or sell shares at a particular price (stop price) or better..
This is an instruction from a client to a broker authorizing the broker to use his discretion and try to execute an order at the best possible prize..