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 (AK
These are shares that bear a fixed annual dividend and bear a right that any annual dividends available for distribution will be paid preferentially on these shares before ordinary shares. If the company is wound up, they are the first to be paid the par value of their shares ahead of ordinary shareholders.
Eating Stock
Eating stock is when you purchase shares because you are forced to do so and not because you desire to purchase it.
Annual Report
A publication issued by a company to its shareholders at the company’s fiscal year-end. The document typically includes financial statements, reports on operations, the auditor’s report and other relevant information on the company. It is mandatory for all public companies.
Collective Investment Schemes
Collective Investment Schemes are pools of funds from investors that are managed on their behalf by professional money managers who buy a wide range of securities e.g. shares according to the specific investment objectives of the scheme.
Hybrid Market
A hybrid market is a stock exchange that allows for trading through the option of an automated electronic trading platform or the trading floor broker system. The Nairobi Securities Exchange is a hybrid market.
Investor Word
Preference Shares
These are shares that bear a fixed annual dividend and bear a right that any annual dividends available for distribution will be paid preferentially on these shares before ordinary shares. If the company is wound up, they are the first to be paid the par value of their shares ahead of ordinary shareholders.
Eating Stock
Eating stock is when you purchase shares because you are forced to do so and not because you desire to purchase it.
Annual Report
A publication issued by a company to its shareholders at the company’s fiscal year-end. The document typically includes financial statements, reports on operations, the auditor’s report and other relevant information on the company. It is mandatory for all public companies.
Collective Investment Schemes
Collective Investment Schemes are pools of funds from investors that are managed on their behalf by professional money managers who buy a wide range of securities e.g. shares according to the specific investment objectives of the scheme.
Hybrid Market
A hybrid market is a stock exchange that allows for trading through the option of an automated electronic trading platform or the trading floor broker system. The Nairobi Securities Exchange is a hybrid market.