The Kenya Association of Stockbrokers and Investment Banks is an association that represents the interests of Kenyan stockbrokerage and investment banking companies. It was initially founded as the Association of Kenya Stockbrokers (AKS) but later changed its name to KASIB in order to accommodate the interests and aspirations of investment banks that also operate as stockbrokers.
The eighteen members all have seats at the NSE and are holders of their respective licenses as stockbrokers or investment banks.
How we play our role
KASIB engages with domestic, regional and international exchanges, depositories, custodians, government, the public and other specific stakeholders from time to time in developing our Capital Market. We make policy recommendation and give input on draft. Our aim is to facilitate enabling laws, regulations, rules and guidelines and continuously enhance the operations and development of the KASIB Council Members including our own corporate documentation. We further promote Capital Markets awareness training and investors education.
Code of Ethics
This is a short-term reversal of the prevailing trend in the price movement of a share. Thus when in a falling market, the share registers a short term increment in price and in a rising market, the share registers a short term decline in price..
Sometimes the shares of some blue chip companies act as a pivot on which the market is balanced; if the turn bearish, the market follows and if they turn bullish the market looks up. These are called pivotal shares..
This is a stock or bond issue being offered for sale to the public for the first time..
This is a strong recommendation by an analyst or stockbroker to an investor to buy shares in a particular company which he believes will soon be experiencing positive financial performance..
This is the quantity of a company’s shares that have been issued and are in the hands of the public..