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
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.
Net Change
It is the change in the price of a security on one trading day and that of the previous day. It can be positive or negative.
Oversubscribed
This is a situation in which the demand for shares in an initial public offering exceeds the number of shares issued. In a bull market, good public issues tend to get oversubscribed.
Dematerialized Securities
These are securities that have been prescribed by the central depository and the physical certificate is no longer recognized as all its transactions are computerized and entered into a ledger.
Stock Exchange
A Stock Exchange is the physical location where the stock market in a country is traded or the electronic platform used to effect such trade. In Kenya, the Nairobi Securities Exchange is currently the only licensed exchange.
Investor Word
Hedging Against Inflation
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.
Net Change
It is the change in the price of a security on one trading day and that of the previous day. It can be positive or negative.
Oversubscribed
This is a situation in which the demand for shares in an initial public offering exceeds the number of shares issued. In a bull market, good public issues tend to get oversubscribed.
Dematerialized Securities
These are securities that have been prescribed by the central depository and the physical certificate is no longer recognized as all its transactions are computerized and entered into a ledger.
Stock Exchange
A Stock Exchange is the physical location where the stock market in a country is traded or the electronic platform used to effect such trade. In Kenya, the Nairobi Securities Exchange is currently the only licensed exchange.