Mr. Godwin Sitati
Code of Ethics
This is when the price of a share drops in value on a given trading day, closing at a lower price than that which it opened at..
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 the measure of the return on the investment and is shown as a percentage. It is calculated by dividing the annual dividend by the stock’s current market price. Example; a share selling at KES 50 and with an annual dividend of KES 5 per share yields 10%.
This is when the stock market has very few bid and ask offers resulting in low trading activity and low liquidity. It is also called a thin market..
This is a system of voting for a company’s directors whereby each shareholder is entitled to one vote per share. Example: if you own 200 shares, you have 200 votes..