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 when two companies, previously independent of one another, combine to form a new company.
This is an announcement made by a public company in advance before announcing its earnings indicating that its profits won’t meet previously held expectations. Companies do this to soften the blow to investors.
A stockbroker is a market professional who buys or sells shares on behalf of clients at a stock exchange for a brokerage commission. But a good stockbroker’s job is not limited to that. He/She advises the client on what a good investment is, warning him of risky or poor investments. He gives advice on the proper timing of a purchase, or a sale and at the right price and any other problems of stock market investment.
This is a stock market that is reacting sharply to economic or political events e.g. change of government.
A stock market index is a statistical measure of the state of the stock market, based on the performance of a number of representative stocks. Each index (from different stock markets across the world) has its own calculation methodology and is usually expressed in terms of a change from a base value. Thus, a percentage change of the index is more important than its numeric value. The index is usually considered to be reasonably representative of the performance of the stock market as a whole.