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 a temporary alliance of two or more companies for the purposes of bidding for a large project. Their combined financial, technical and human resources gives them a competitive edge over the other bidders.
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.
Par Value
This is the face value of a bond and is the amount repaid back to the investor upon its maturity. It is also known as the principal or maturity value.
Coupon
This is the interest rate on a fixed income security e.g. bond, determined upon the issuance of the bond. Coupon also refers to the actual interest payment of the bond to the holder which is normally twice a year for government bonds.
Diversification
This is limiting investment risk by purchasing different types of securities from different companies representing different sectors of the economy.
Investor Word
Consortium
This is a temporary alliance of two or more companies for the purposes of bidding for a large project. Their combined financial, technical and human resources gives them a competitive edge over the other bidders.
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.
Par Value
This is the face value of a bond and is the amount repaid back to the investor upon its maturity. It is also known as the principal or maturity value.
Coupon
This is the interest rate on a fixed income security e.g. bond, determined upon the issuance of the bond. Coupon also refers to the actual interest payment of the bond to the holder which is normally twice a year for government bonds.
Diversification
This is limiting investment risk by purchasing different types of securities from different companies representing different sectors of the economy.