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 company that holds enough voting shares (not necessarily 51%) in another company to control management and operations by influencing or electing its board of directors. It is also referred to as the parent company.
This term applies to pooled funds or collective investment schemes like mutual funds that may change their investment strategy as they see fit so as to maximize the total returns, as opposed to sticking to one type of investment vehicle.
A drastic and sharp drop in share prices within a short period of time.
The difference between the bid and offer prices of a share. The spread is generally determined by the demand and supply of the share. Example; if a share is bid at KES 10 and offered at KES 12, the spread is KES 2.
Risk is a future probability of loss. It is inherent in any investment and therefore advisable that one puts it in serious consideration while comparing alternative investment prospects.