Market Growth

Investor Education

Code of Ethics

Investor Protection

Investor Education

  • Flat : 

    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.

  • Fund Manager : 

    This is a professional who runs and manages a portfolio of securities e.g. shares or bonds for and on behalf of investors.

  • Over the Counter (OTC) : 

    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.

  • Basis Point : 

    One hundredth of a percentage point. Example; the difference between 4.50% and 4.75% is 25 basis points.

  • Unpaid Dividend : 

    This is a dividend that has been declared but not yet paid.