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 one day of business trading at the stock exchange, from the opening bell to the closing bell.
Issuer
This is the company or government that is offering (or has already offered) stocks or bonds for sale to investors for the purpose of financing its operations.
Issue Price
This is the price at which new shares are issued to the public. The price is decided in consultation with the lead transaction advisor, normally an investment bank.
Capital Reserves
Capital Reserves comprise of a company’s profits that are not normally distributed as cash dividends to shareholders. They can however be distributed as permanent share capital by way of bonus issues.
Indenture
This is a contract between the issuer of a bond and the bond holders specifying interest rates, maturity date, rights, responsibilities and terms of both parties.
Investor Word
Trading Session
This is one day of business trading at the stock exchange, from the opening bell to the closing bell.
Issuer
This is the company or government that is offering (or has already offered) stocks or bonds for sale to investors for the purpose of financing its operations.
Issue Price
This is the price at which new shares are issued to the public. The price is decided in consultation with the lead transaction advisor, normally an investment bank.
Capital Reserves
Capital Reserves comprise of a company’s profits that are not normally distributed as cash dividends to shareholders. They can however be distributed as permanent share capital by way of bonus issues.
Indenture
This is a contract between the issuer of a bond and the bond holders specifying interest rates, maturity date, rights, responsibilities and terms of both parties.