Code of Ethics
This is a bond in which both the interest and the principal on the bond are guaranteed to be paid either by the parent company of the issuing company or by a better known and more creditworthy institution..
This is the total revenue earned by a company over a one year period divided by the number of shares. This ratio is used to evaluate a company’s business activities. It is also known as the revenue per share..
This is an amount of shares traded that is less than the stipulated unit. At the Nairobi Securities Exchange, this comprises a trade of 200 shares, or a trade of KES 3,000 in value. When a transaction is less than this it is called an odd lot..
This is a stock with a solid record of paying consistently high dividends. The dividend yield is normally higher than the overall stock market..
Indexing is an investment strategy in which a portfolio is designed to mirror the performance of a stock index..