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 an account that an investor opens with a stockbroker that authorizes the stockbroker to buy or sell shares or any other securities he may select at his discretion on behalf of the investor..
This is investing a fixed amount of money in a specific security at regular set intervals over a period of time. The investor buys more shares when the price is low and buys fewer shares when the price is high. This results in a lower average cost per share..
Also known as free float and is the total number of shares issued by a listed company that are publicly owned and available for trading. Floating stock is therefore the number of shares of a company that are traded at the Nairobi Securities Exchange..
This is when the value of an asset e.g. shares is less than the loan that was taken to invest in the asset. Negative equity normally results from a decline in the value of an asset after it is purchased..
Broker is short for Stockbroker and refers to a member of the Nairobi Securities Exchange who is licensed to buy or sell securities on behalf of investors. Brokers are essentially the link between investors and the stock market. When acting on behalf of an investor for the purchase or sale of a listed stock, the broker does not own the securities but charges a commission on the gross value of the transaction..