Code of Ethics
This is a price that is neither rising nor declining. If the shares of a company have been trading at KES 12.00 over the last one month, they can be referred to as flat..
This is a professional who runs and manages a portfolio of securities e.g. shares or bonds for and on behalf of investors..
This is a market where shares (or other securities) which are not listed in the main stock exchange are traded. These shares are traditionally those of small companies which do not meet the listing requirements of the exchange. For such transactions, brokers negotiate directly with one another through computer and telephony networks. It is also called off-board trading..
One hundredth of a percentage point. Example; the difference between 4.50% and 4.75% is 25 basis points..
This is a dividend that has been declared but not yet paid..