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)
This is protecting one’s savings from the loss of value that is brought about by inflation by investing in such items whose price will go up with the general rise of prices e.g. equity shares.
This is a stock whose price is a reflection of some important company news rather than its assets or earnings. Example; the price of shares in an agricultural company may increase after press coverage of an expected bumper harvest.
These are the securities that are owned by one party but are subject to a legal claim by another party. This normally happens when the securities are used as collateral for borrowing.
This refers to a system of trading at the stock exchange floor where brokers shout their bids and offers of securities. A contract is made when one broker cries out that he wants to sell at a certain price and then another broker yells out that he will buy at that same price.
A company is said to be going public when it offers to sell its shares to the public through an initial public offering (IPO). Companies mostly do this to expand their capital base and to finance their growth plans.