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 the perceived loss when the value of a stock falls but is not actually sustained as the investor has not sold when the price has fallen.
Closing Price
It is the final price at which a security is traded at the Nairobi Securities Exchange. By comparing the closing price of a stock on any given day to its previous closing price, one can be able to measure the market sentiment for the stock.
Pullback
This is the falling back of the price of a share from its peak. It could either be a brief reversal of the prevailing upward trend, or it may be a sign of a definite trend reversal.
Front Running
This is an illegal activity where a stockbroker buys or sells shares in his/her own name while taking advantage of advance knowledge of pending orders from his customers. Example; if a stockbroker buys himself 10,000 shares of a company just before he buys 1,000,000 shares of the same company for his client.
Investment Club
This is a voluntary association of individuals who pool their money together to build an investment portfolio which would have otherwise not been possible with the small sums at each one’s disposal. A key advantage of an investment club is that more than one mind is engaged in making buy or sell decisions and that each member carries a relatively low risk. They help to build up investment consciousness among small investors.
Investor Word
Book Loss
This is the perceived loss when the value of a stock falls but is not actually sustained as the investor has not sold when the price has fallen.
Closing Price
It is the final price at which a security is traded at the Nairobi Securities Exchange. By comparing the closing price of a stock on any given day to its previous closing price, one can be able to measure the market sentiment for the stock.
Pullback
This is the falling back of the price of a share from its peak. It could either be a brief reversal of the prevailing upward trend, or it may be a sign of a definite trend reversal.
Front Running
This is an illegal activity where a stockbroker buys or sells shares in his/her own name while taking advantage of advance knowledge of pending orders from his customers. Example; if a stockbroker buys himself 10,000 shares of a company just before he buys 1,000,000 shares of the same company for his client.
Investment Club
This is a voluntary association of individuals who pool their money together to build an investment portfolio which would have otherwise not been possible with the small sums at each one’s disposal. A key advantage of an investment club is that more than one mind is engaged in making buy or sell decisions and that each member carries a relatively low risk. They help to build up investment consciousness among small investors.