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Kenyan Wallstreet

Kenyan Wallstreet

By kenyanwallstreet@anchor.fm

Listen to kenyanwallstreet.com Podcasts episodes free, on-demand. Get insights on business in Africa and the world as well as interviews with business leaders.
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The Kenyan Wall Street Podcast: A discussion on The Lending Cap Rate

Kenyan WallstreetOct 12, 2019

00:00
13:53
Markets 360 podcast

Markets 360 podcast

Today's Markets 360 roundup brought to you by Hisa App.


~The CS Treasury Njuguna Ndung'u was in parliament to read the FY23/24 budget.

~We share with you the breakdown of the KES 3.599 trillion budget.

~Treasury sees inflation stabilizing in December 2023; comments from the CS.

~NSE saw benchmarks drop, NASI was down 1% and is now at 100.39 points.

~Olimpia Capital was the day's best gainer while TPS Eastern Africa was the day's worst performer.

~KCB Group Plc saw shares decline to KES 29.35 per share being one of the top large-cap drags to the benchmark indices.

~U.S Markets rallied, as tech stocks continued to add the bull-run momentum. The Nasdaq Composite index was up 1.15% at 13,782.82.

~Microsoft shares rallied over 3% as JP Morgan analysts gave the stock a buy rating with a target price of $340.



These and much more on stocks and investments, including stock overview available on Hisa App.


Jun 16, 202313:31
Markets 360 podcast - 15th June

Markets 360 podcast - 15th June

Today's Markets 360 podcast brought to you by Hisa.

Jun 15, 202311:44
Market 360 podcast - 14th June

Market 360 podcast - 14th June

Today's markets roundup is brought to you by Hisa App.


~Markets were mixed yesterday but ended lower as foreign investor exit increased on the Nairobi Securities Exchange.

~The benchmark NASI was down by 2.1% to close at 101.68 points dragged by Safaricom's 4% decline to KES 15.05 per share.

~Car & General was the top gainer, adding 9.6% in shareholder wealth.

~Eveready E. A saw shares decline as speculative investors continued mass exit, the shares were down 9.1%.

~The Finance Bill 2023 was finally presented in parliament with MPs set to approve or reject it this Thursday.

~Housing levy slashed by half to 1.5% from 3.0%.

~U.S Markets were up, the S&P 500 index up by 0.69% to stand at 4369.30 points.

~Microsoft's $ 69 billion acquisition of Activision was put on hold as the FTC went to court to object to the takeover.

~Nvidia finally closed above the $1 Trillion market cap after jumping 3.9% on Tuesday.

~U.S Core inflation remained unchanged in May at 0.4%, and CPI was up 0.1%.

These and much more on stocks and investments, including stock overview available on Hisa App.


Jun 14, 202311:03
Markets 360 podcast - 9th June

Markets 360 podcast - 9th June

Today's Markets roundup brought to you by Hisa App.


~Economic indicators released by Cabinet Sec for Treasury indicated that the Kenyan Shilling has been on the decline since the year began.

~Also poverty levels increased amidst a rapid growth in imports and overall business activities in Kenya.

~Local market activity was down with the NSE All-Share Index (NASI) shedding 0.5% to close at 105.90 points.

~Longhorn Publishers was the top gainer with a 9.7% uptick, while Car & General was the day's worst performer, down 5.5%

~Sameer Africa is the 7th most-performing stock on the NSE. We give you a stock focus.

~U.S Markets were up as tech stocks rebounded, the Nasdaq Composite Index was up 1.3% to close at 13,238.52 points.

~Lucid shares were down 1.8% even as the company announced entry into China.

~Traders have polled 73% confidence the Fed will maintain rates at between 5-5.25% in the next meeting.


These and much more on stocks and investments, including stock overview available on Hisa App.


Jun 09, 202312:10
Markets 360 podcast - 7th June

Markets 360 podcast - 7th June

Today's Markets 360 roundup brought to you by Hisa App.


~Activty on the NSE extended gains even as the public awaits the discussion of the 2023 finance bill in parliament next week.

~The All-share index of the NSE was up 0.42 points to close at 106.51.

~Sameer Africa was the top gainer adding 9.22% in shareholder wealth as the firm said it was keen to sell land worth KES 0.8 billion.

~Sasini Plc was the day's worst performer, with the stock down 7.42% at KES 28.70 per share.

~KCB Group's local banking subsidiaries KCB Bank Kenya and NBK launched a partnership agreement with Britam, a move that will see KCB distribute General Insurance products from Britam.

~U.S Markets were mostly higher yesterday, with the Nasdaq Composite index up 0.36% to 13,276.42

~Apple shares remained flat even after the company unveiled its latest flagship product, the Vision Pro during the WWDC.

~Nvdia shares fell on profit-taking, a few days after the company hit the $1 Trillion mark on profit-taking from investors.


These and much more on stocks and investments, including stock overview available on Hisa App.


Jun 07, 202313:05
Financial Markets podcast - 2nd June

Financial Markets podcast - 2nd June

Happy new month! Here are today's markets roundup brought to you by Hisa App.


~Local markets were higher on Wednesday ahead of the much-awaited Madaraka Day celebrations.

~NSE All-share index NASI was up 1.89 points to stand at 103.69.

~BOC Kenya saw shares back at KES 90.00 per share as the stock rallied 9.76% to lead gainers on the exchange.

~NBV was the day's worst performer with the stock shedding 9.39% to close at KES 2.51 per share.

~ABSA Bank Kenya Plc released 1Q23 earnings posting a 50.7% in Profit After Tax at KES 4.5 Billion.

~HF Group 1Q23 earnings were out, with the company posting a 143% growth in PAT to KES 83.3 million.

~CBK T-Bills performance rate was 98.19% with the 91-Day bill posting a 511% performance rate on a return of 11.103%.

Kenya's inflation data for April was out and remained fairly unchanged at 7.9% for the month. Food prices were the most up.

~U.S Markets posted solid gains on Thursday, with the S&P 500 index closing 0.99% higher at 4221.02 bps.

~Salesforce saw shares down by about 5% as the company revised FY2024 earnings estimates.

~U.S Senate approved a bipartisan agreement, avoiding default by the US govt, allowing for a suspension of the debt ceiling.


These and much more on stocks and investments, including stock overview available on Hisa App.


Jun 02, 202312:25
Markets 360 podcast - 31st May

Markets 360 podcast - 31st May

Today's Markets 360 roundup brought to you by Hisa App.


~NSE activity rebounded with turnover up by 200% as foreign activity shored up on the market.

~Benchmark indices were up, with the NSE All Share Index (NASI) back to above 100 points.

~NBV was the day's top gainer, adding 8.20% in shareholder wealth at KES 2.77 per share.

~Express Kenya Plc shed 8.64% in shareholder wealth and closed at KES 3.28 per share.

~Stock Focus on HF Group Plc; ranked 4th in YTD performance on the NSE.

~DTB 1Q23 earnings were out, with the Profit After Tax up 10.8% to KES 2.6 Billion.

~I&M Group Plc 1Q23 earnings, PAT was down by 2.00% to KES 2.7 Billion amidst ballooning provisions.

~We also include a call transcript with BK Group Plc on their 1Q23 earnings.

~CBK issued a new IFB/2013/007 with a market-determined rate.

~U.S Markets remained mixed with the Nasdaq Composite Index up by 0.32% at 13,017.43 bps.

~NVIDIA shares hit a $1 Trillion valuation but closed lower as profit-taking began on the stock.

~Major tech shares remained flat, with Apple shares gaining over 1% in yesterday's trading.

~


These and much more on stocks and investments, including stock overview available on Hisa App.


May 31, 202312:24
Markets 360 podcast - 30th May

Markets 360 podcast - 30th May

Today's Markets 360 podcast roundup brought to you by Hisa App.


~NSE Activity was flat as foreign investor activity remained low following Memorial Day.

~NSE All share Index (NASI) was up by up 1.40 points to stand at 99.33.

~BOC Kenya Plc was the day's best performer with a 9.74% uptick and closed at KES 84.50 per share.

~NMG shares were also up, as investors anticipated information regarding the share buyback announced last week.

~BAT Kenya Plc was the day's worst performer, shedding 9.13% in share value after book closure. The stock closed at KES 408 per share.

~Central Bank of Kenya retained its benchmark rate at 9.5% during yesterday's Monetary Policy Committee meeting.

~Talks around the finance bill continue with the housing levy topping discussions in the public domain in Kenya.

~U.S Markets were closed for Memorial Day. Major global markets remained muted on Monday.

~Some Republican lawmakers vowed to push down the U.S Debt ceiling bill which Joe Biden and Kevin McCarthy reached a tentative deal on Saturday.


These and much more on stocks and investments, including stock overview available on Hisa App.


May 30, 202308:42
Markets 360 podcast -29th May

Markets 360 podcast -29th May

Markets weekly roundup brought to you by Hisa App.


~Local markets were mixed last week, with the NSE All-share index and NSE25 share index posting declines.

~The NSE20 share index was however up by 0.4% on the back of index constituents rising.

~Eveready was the week's top gainer, jumping by 44.4% during the week.

~Stabic Bank was the week's worst performer, shedding 10.08% in last week's trading.

~The Fixed income market was low, with the T-Bills having their first undersubscription in 4 weeks at a 91% subscription rate.

~The Kenyan Shilling extended losses against the USD closing the week at 138.25.

~U.S Markets were mixed but mainly higher as tech stocks lifted overall market activities.

~NVIDIA shares soared after the company beat estimates and also provided over 50% above estimate forecasts for 2Q23.

~The Biden Administration and Speaker Kevin McCarthy reached a tentative deal on Saturday, averting the June 1st default deadline.

~U.S Markets will be closed today for Memorial Day.

~Salesforce is expected to release earnings this week Wednesday and is among our top watch.


These and much more on stocks and investments, including stock overview available on Hisa App.


May 29, 202310:41
Markets 360 podcast - 26th May

Markets 360 podcast - 26th May

Today's Markets 360 podcast roundup brought to you by Hisa App.


~Local markets were mixed but mostly lower, the NSE25 share index was down 0.9% at 2,526.23 points.

~Large caps were mainly lower, as Safaricom shed over 1%. ~Co-op bank was the day's worst performer as the stock fell ex-dividend, the shares were down by 10%.

~ Eveready is now the top performer on the NSE, the stock is now up by 116% YTD.

~Bamburi was yesterday's top performer.

~NMG was up 6.4% as the company issued a cautionary notice to shareholders on a share buyback program.

~CBK data showed a good subscription rate for the T-Bills. The 91-Day bill had a rate of 10.832%.

~KPLC announced a plan to construct new power lines and stations, the first key activity of Eng. Siror as CEO.

~Nvidia shares rose by over 30% in U.S. markets as the company beat earnings expectations.

~Tech stocks were up with the Nasdaq Composite up by 1.71% at 12,698.09.

~Talks on debt ceiling continue with the Biden administration and Republicans nearing a deal.


These and much more on stocks and investments, including stock overview available on Hisa App.


May 26, 202313:18
Markets 360 podcast - 25th May

Markets 360 podcast - 25th May

Today's Markets 360 PODCAST roundup brought to you by Hisa App.


~Local Banks continue to release their 1Q23 earnings with KCB and NCBA releasing their financials yesterday.

~KCB Group Plc posted a 1.5% decline in Profit After Tax (PAT) to KES 9.8 billion.

~KCB's loan loss provisions are up 98%, while the Non-Performing Loan ratio is at 17.5%.

~NCBA Group posted a 48.5% Profit After Tax (PAT) to KES 5.1 billion for the first quarter.

~ Car & General Kenya Plc half-year earnings were down by -84.6% to 96.7 million. Revenue however rose by 5.4% to 10.6 billion.

~BOC Kenya Plc was the top gainer while Fahari I-Reit was the day's worst performer.

~NSE All-share index was up 0.5% to 98.50 points as investor optimism slowly hit the market.

~U.S Stock markets were down as debt ceilings ended another day without any agreements.

~The S&P 500 index was down by 30.34 points (0.73%) to 4,115.24.

~Citigroup Inc shares fell 3.1% as the bank announced it will now list, and not sell its Mexican consumer unit Banamex.


These and more on stocks and investments, including stock overview available on Hisa App.


May 25, 202314:03
Markets 360 podcast = 24th May

Markets 360 podcast = 24th May

Today's Markets roundup brought to you by Hisa App.


~Kenya and the IMF reached a Staff Level Agreement yesterday, with the IMF opening more funds to the government.

~Kenya's markets remained fairly unchanged; NASI was up 0.2% while the NSE25 share index was down by 0.8%

~Our focus, Eveready E. A Plc, the stock is the 2nd best-performing stock on the NSE year-to-date and was the top gainer yesterday.

~Stanbic Bank was the day's worst performer, down by 9.9%.

~More questions for Ethiopia as Communications Authority announces plan for a third mobile operator license.

~Kenya Bankers Association asked CBK not to raise benchmark rates in the upcoming MPC.

~U.S Stocks ended lower as the Biden administration and Congress did not agree on debt ceiling talks as the deadline looms.

~Nasdaq Composite Index was most hit, with the index down 1.26%.

~Zoom shares were down by 8% following the company's earnings on Monday evening.


These and more on stocks and investments, including stock overview available on Hisa App.


May 24, 202313:46
Markets 360 podcast - 23rd May

Markets 360 podcast - 23rd May

Today's Markets roundup brought to you by Hisa App.


~BK Group Plc AGM shares declined 7.25% as the company announced a new board chairman following the AGM.

~Eveready Plc was the top gainer, jumping 4.63% as investors continued speculating on the low-cap counter.

~Safaricom recorded a 0.3% gain, even as benchmark indices turned lower, the NSE 25 Index declined by 29.86 points to settle at 2541.91.

~Dow Jones Industrial Average dropped 0.42% to stand at 33,286.58.

~Tech stocks were mainly flat, with Tesla, Alibaba and Microsoft gaining; TSLA was up 4.85%.

~Zoom Video Communications reported earnings of $1.16 per share on revenue of $1.11 billion

~ZIM Integrated Shipping Services (ZIM) reported a loss of $0.50 per share on revenue of $1.37 billion

~President Joe Biden and Speaker Kevin McCarty did not agree on Monday's talks on the debt ceiling.


These and more on stocks and investments, including stock overview available on Hisa App.


May 23, 202313:39
Markets 360 podcast

Markets 360 podcast

Today's Markets 360 podcast roundup brought to you by Hisa App.


~We take a weekly review of how the local and global markets performed last week.

~The NSE All Share Index was up 5.28% to close the week at 98.52.

~Safaricom posted a week's rebound of 13.21% to Kes.15.00 as investors embarked on profit-taking and dividend positioning.

~Equity Bank saw shares decline by 5.88% to Kes.38.40 while KCB Group shares closed the week 8.25% higher at KES.30.85 per share.

~Safaricom will retain a higher holding in Ethiopia after IFC funding is split into debt & equity.

~Bamburi Cement faces a new tax row with KRA(Kenya) and URA (Uganda) amounting to KES 2.1 Billion.

~U.S Markets were higher last week, the S&P 500 Index adding 1.6% to close the week at 4,191.98.

~Earnings watch this week include Zoom, Nvidia and Costco amongst many others.

~We also watch the debt ceiling discussions in the U.S. ahead of the June 1st deadline.


These and much more on stocks and investments, including stock overview available on Hisa App.


May 22, 202312:38
Markets 360 podcast roundup - 19th May

Markets 360 podcast roundup - 19th May

Today's Markets roundup brought to you by Hisa App.


~The local markets were mixed, with large caps posting a decline even as banks continued to report 1Q23 earnings.

~NSE All-share index was down by 1.6% on the backdrop of Safaricom which declined 4.19% in yesterday's session.

~BOC Kenya dropped by 10% yesterday while Eveready Plc was the top gainer, adding 8.7% in shareholder wealth.

~Cooperative Bank of Kenya 1Q23 earnings have been released, listen in for an earnings snapshot.

~CBK data shows an oversubscription of the 91-day T-Bill as rates hit 10.518%.

~Our stock focus today is on Kengen Kenya Plc, which was on the decliners and ranks 59th in terms of YTD performance on the NSE.

~U.S Stocks were upbeat as shares of tech companies pushed markets; Nasdaq was up 1.51%.

~Alibaba beat earnings estimates to post earnings of $1.56 per share on revenue of $30.32 billion. The stock was however down over 5% on Thursday.


These and more on stocks and investments, including stock overview available on Hisa App.


May 19, 202312:24
Markets 360 podcast -18th May

Markets 360 podcast -18th May

Safaricom is set to buy M-Pesa Holding Company Limited, the firm that holds hundreds of billions of shillings powering its mobile money service from London-based Vodafone Group Plc.

Safaricom Plc will pay the British multinational –which was previously its top shareholder— a token amount of $1 in the transaction deal to receive regulatory approvals in the next few weeks.


May 18, 202313:19
Markets 360 podcast - May 17

Markets 360 podcast - May 17

Today's Markets 360 podcast roundup brought to you by Hisa App.


~Safaricom rebounded after days of losses, adding 10% in shareholder wealth to close at KES 14.30 per share.

~All benchmark NSE indices were up, with NASI adding a 4.1% gain to 96.82 bps.

~Unga Group was the worst performer yesterday, shedding 10% on a slim volume of 200 shares.

~Equity Group Holdings Plc released their 1Q23 earnings, with the company posting a 7.9% Profit After Tax to KES 12.8Bn.

~Our focus today, Equity VS KCB on the balance sheet is building up, with companies on the KES 1.5 Trillion B/S level.

~Government proposed a restructuring of Kenya Power's balance sheet in a bid to move the company to profitability.

~U.S President Joe Biden and Congress are nearing agreements on the debt ceiling, could it come before June 1st?

~U.S Markets were down as Home Depot missed earnings estimates while data also showed retail sales were lower with a 0.4% growth.

~We also talk about Credit Suisse and the massive hit on UBS.


These and more on stocks and investments, including stock overview available on Hisa App.


May 17, 202311:40
Markets 360 podcast - 16th May

Markets 360 podcast - 16th May

Today's Markets 360 podcast roundup brought to you by Hisa App.


~Markets were flat as Safaricom ended the day with a much lower decline and gained demand traction at KES 13.00 per share.

~NSE benchmarks closed somewhat lower, with the NASI down 0.54 points to 93.04.

~NCBA shed 4.21% in yesterday's trading while Fahari I-Reit was the top gainer, adding 7.58% in share price activity.

~Stock Focus, we speak about Cooperative Bank of Kenya and track its performance against the benchmark index.

~Kenya's President William Ruto nominated Kamau Thugge for appointment as the next Central Bank of Kenya Governor.

~U.S Stocks were fairly unchanged, with The Dow Jones Industrial Average down 66 points.

~Tech Stocks were up on the Nasdaq with Alibaba adding 3.52% ahead of earnings this week.

~The U.S. Treasury said it was headed for a 1st June default if lawmakers disagreed with a debt ceiling increase in the coming days.


These and much more on stocks and investments, including stock overview available on Hisa App.


May 16, 202310:00
Markets 360 podcast - 15th May

Markets 360 podcast - 15th May

Today's Markets roundup brought to you by Hisa App.


~We review last week's market performance on the NSE, with NASI falling to a low of 93.58 points.

~Safaricom hit a 9-year low, shedding 15.87% last week to close at KES 13.25 per share.

~BOC Kenya extended gains, jumping 11.75% to close at KES 90.25 per share.

~The fixed-income market was good, with bonds and T-Bill issuances for last week being oversubscribed.

~Moody's Investor Service downgraded Kenya's long-term foreign currency to B3.

~NSE Large cap counters hit, with KCB trading at KES 28.50 while Equity was at KES 40.80 per share.

~Hisa discussions today, where will stocks go this week, will benchmarks extend decline?

~U.S Stocks were mixed but ended the week lower.

~The Dow Jones and S&P 500 indices were lower while the Nasdaq jumped 0.40% on the back of a Google AI event.

~Janet Yellen and the U.S. worrying debt ceiling.

~Tesla's stock ended Lower as CEO Elon Musk named new Twitter CEO.


These and much more on stocks and investments, including earnings and stock overview available on Hisa App.


May 15, 202314:40
Markets 360 podcast - 12th May 2023

Markets 360 podcast - 12th May 2023

Today's Markets 360 podcast roundup brought to you by Hisa App.


~Safaricom Plc released earnings for FY22/23, posting a third consecutive decline in earnings.


~Safaricom's shares were down by 3.9% to KES 14.70 per share as the company's total dividends declined to KES 1.20.


~NSE All Share Index fell below 100 points for the first time, closing at 98.34 points.


~BOC Kenya was the top gainer, adding 7.4% in share price appreciation, while Uchumi supermarkets crashed 10% to close at KES 0.18 per share.


~Stanbic Bank's 1Q23 results are out and the company posted upbeat financials.


~U.S Stocks were mixed even as data showed markets were out of the bear season.


~Alphabet Inc. shares were up 4.3% after Google announced it was opening up its AI program Bard to 186 countries.


~Tech stocks gained, with Facebook, Apple and Amazon up while banking stocks slid after PacWest Corp announced a decline in deposits.


These and much more on stocks and investments, including earnings and stock overview available on Hisa App.


May 12, 202313:47
Markets 360 podcast - 11th May

Markets 360 podcast - 11th May

Today's Markets 360 podcast roundup brought to you by Hisa App.


~Safaricom is expected to release its financials this morning! We focus on the stock that hit a low of KES 14.9 per share yesterday.

~Safaricom share price is down 36.7% year-to-date, ranking it 61st on the NSE in terms of year-to-date performance.

~Sasini released their HY2023 results yesterday, with the company issuing an interim dividend of KES 1.00 per share despite a decline in earnings.

~NSE benchmark indices were lower, with the benchmark NASI hitting a new low of 100.51 bps.

~Sasini was the top gainer while E.A. Cables extended their decline with a 9.1% decline.

~CBK data shows FXD/2023/003 bond was oversubscribed with a market-determined rate of 14.228%.

~U.S Stocks remained mixed with Dow Jones closing with a 0.43% decline, while other benchmarks gained.

~Walt Disney beat earnings estimates but provided lower guidance for the full year at $88.10 Billion.

~Tesla's Texas factory now producing 5,000 vehicles per day.


These and much more on stocks and investments, including earnings and stock overview available on Hisa App.


May 11, 202314:07
Markets 360 podcast - 10th May

Markets 360 podcast - 10th May

Today's Markets 360 roundup brought to you by Hisa App.


~The NSE was mixed yesterday but mainly ended lower with the benchmark NASI shedding 1.5% to 102.09 bps.

~Market volatility rose, with volatile counters leading activity. NBV was the top gainer, with a 5.7% gain at KES 2.99 per share.

~Car & General was the day's worst performer, shedding 6.77% in share price activity.

~Large caps were also lower with KCB shedding 3.04% in share price activity.

~Investors are holding positions as we wait for Safaricom's FY announcement tomorrow, Thursday.

~Finance bill 2023; what's in for farmers and for NSE-listed agricultural stocks?

~U.S markets were lower yesterday with benchmark indices ending lower; the Nasdaq composite was down 0.63% at 12,179.55 bps.

~Meta platforms shares were unchanged, even after a Twitter Engineer raised concerns on Whatsapp privacy, and echoed by Elon Musk.

This podcast and more financial literacy content ( on stocks and investments) are available on the Hisa App


May 10, 202312:21
Markets 360 podcast - 9th May

Markets 360 podcast - 9th May

Today's Markets 360 roundup brought to you by Hisa App.


~NSE activity was mixed with NASI & NSE 25 up by over 0.1%.

~The NSE20 share index was flat, ending the day at 1534.01 bps.

~Sameer Africa was the top gainer with an 8.96% price gain while E.A. Portland Cement worst performer down 9.52% in share price.

~Safaricom traded at prices of KES 15.70 and 16.00 per share as the company confirmed FY results for Thursday this week.

~BOC Kenya announced a change on dividend notice earlier, pushing books closure to 31st May.

~Paypal released upbeat earnings of $1.17 per share on revenue of $7.04 billion.

~Dow Jones was lower while the Nasdaq and S&P 500 edged higher as financial stocks stabilized after last week's mixed activity.

~We also talk about the finance bill, looking at the PAYE today.


This podcast and more financial literacy content ( on stocks and investments) are available on the Hisa App


May 09, 202309:48
Markets 360 podcast - 8th May

Markets 360 podcast - 8th May

Today's Markets 360 podcast roundup brought to you by Hisa App.


~NSE stocks were down last week as major global data came in and most banks fell ex-dividend.

~Safaricom regained majority activity on the exchange as investors positioned for financials due on Wednesday.

~Various local investment banks issued a buy recommendation for Safaricom with a fair price of KES 25.00 per share.

~Olympia Capital gained 15.94% during the week while ABSA was the week's worst performer, shedding 16.87% in share price.

~U.S Markets were mixed but lower during the week with the Dow, Nasdaq and S&P 500 all closing the week lower.

~Tech companies saw shares rise as earnings data were upbeat, Tesla, Microsoft, and Apple have seen stocks up by over 3% since.

~Gold prices are up as investors grow concerned about inflation data and the recent collapse of First Republic Bank.


This podcast and more financial literacy content ( on stocks and investments) are available on the Hisa App


May 08, 202313:39
Markets podcast 360 - 5th May

Markets podcast 360 - 5th May

Today's Markets roundup brought to you by Hisa App.


~The Finance Bill 2023 is out, we take a view on the key highlights today.


~NSE Benchmarks were mixed with NASI gaining 0.2% while NSE25 and NSE20 extended losses.


~Olympia Capital gained 8.1% while TPS Eastern Africa was the worst performer shedding 9.5% in yesterday's trading.


~Foreign investors were back on the market dominating the buys on the NSE with a focus on banks and the telco.


~T-Bill data from CBK shows the 91-Day bill continues to be the most subscribed.


~U.S Markets were mixed but mostly lower with the benchmark indexes all down.


~Apple stocks rose in after trade hours after the company posted upbeat earnings.


~Apple raised its dividend to 24 cents a share, up from 23 cents a share a year ago.


~Most tech shares were up, with Tesla, Microsoft, Amazon and Meta being on investors' watch.

This podcast and more financial literacy content ( on stocks and investments) are available on the Hisa App


May 05, 202315:06
Markets 360 podcast by Hisa - 4th May

Markets 360 podcast by Hisa - 4th May

Today's Markets 360 podcast roundup brought to you by Hisa App.


~ The Federal Open Market Committee delivered their final interest rates rise of the year, adding a 0.25% growth in benchmark rates in the U.S.


~Fed Chair Jerome Powell said that banks were "stable" and they would form an oversight on "smaller banks".


~The SEC adopted a new law requiring hedge funds to report defaults and systematic risks within 72 hours.


~S&P 500 was down 0.70%, Nasdaq down 0.46% while the Dow Jones lost 0.8%.


~Apple stocks were flat even as shareholders brace for earnings later today.


~NSE continued to take a beating as bank stocks retracted with NCBA taking an 8.5% decline in share price activity.


~CBK launched an integrated digital mobile operability platform aimed at easing payment systems in the country.


This podcast and more financial literacy content ( on stocks and investments) are available on the Hisa App


May 04, 202310:19
Markets 360 podcast by Hisa - 3rd May

Markets 360 podcast by Hisa - 3rd May

Today's Markets 360 podcast roundup brought to you by Hisa App.


~Kenya's benchmark indices tumbled on the wave of political demonstrations.


~Banks stocks were major decliners as ABSA and NCBA fell Ex-Dividend.


~KPLC was Tuesday's top mover as the company announced Joseph Siror as the new Managing Director.


~KDIC also had a new CEO, with depositors hoping for new changes under new management.


~WPP Scangroup shares jumped 9% following the company's announcement of its jump to profitability.


~U.S bank stocks tumbled on the wave of a possible banking crisis after FDIC took over First Republic Bank.


~All benchmarks, Dow, S&P 500 and Nasdaq Composite index were down by over 1%.


~AMD & Ford beat analysts' estimates to post stellar earnings yesterday.


~We expect the Fed to deliver a 0.25% rise in benchmark lending rate in the U.S. today.

This podcast and more financial literacy content ( on stocks and investments) are available on the Hisa App Listen in


May 03, 202313:09
Markets 360 podcast -2nd May

Markets 360 podcast -2nd May

Today's Markets 360 roundup is brought to you by Hisa App.


~The NSE benchmarks ended last week bearishly as political heat continued to mount pressure on the economy.

~All NSE benchmarks, NASI, NSE25 and NSE20 share index ended last week lower.

~Companies rushed to release earnings on Friday with WPP Scangroup, Sameer Africa, Home Afrika, FTGH, E. A Cables and Standard Group Plc with no dividend insights coming for investors.

~ Overall market activity was high, with shares valued at KES 1.0 Billion transacted from KES 631.9 Million posted a week earlier.

~U.S Markets were mixed but mostly unchanged on Monday as investors anticipate a Fed rate hike on Wednesday.

~The U.S FDIC took over assets of collapsed First Republic Bank and sold them off to JP Morgan Chase. JPM shares were up 2% while the overall banking index was down.

~The benchmarks S&P 500, Dow Jones and Nasdaq indexes were all down during Monday's trading session.

~Microstrategy beat earnings estimates despite the recent decline in Bitcoin prices.

This podcast and more financial literacy content ( on stocks and investments) are available on the Hisa App


May 02, 202316:14
Markets 360 podcast - 28th April

Markets 360 podcast - 28th April

Today's Markets 360 podcast roundup is brought to you by Hisa App.


~Local companies released their financials with WWP Scangroup, Crown Paints, and TPS E. A and Bamburi are on the watch.

~More changes at Bamburi as CFO resigns a month after the CEO quit. Bamburi posted a drop in dividends from KES 3.58 per share to KES 0.75 per share.


~WPP Scangroup and TPS Eastern Africa did not declare any dividends for the FY2022.


~Eveready E.A Plc gained 10% as East Africa Battery Limited proposes full acquisition and delisting of the company.


~The benchmark indices NASI and NSE20 posted an uptick, the NSE25 share index however closed lower.


~U.S markets were upbeat, with Amazon beating revenue estimates at $127 billion for the first quarter of the year.


~Tech companies were up, with Tesla, Microsoft, Amazon, Apple, and Nvidia posting gains.


~U.S benchmark indices, SP500, Nasdaq and the Dow all posted a rise during Thursday's trading.


~Today's top companies on the watch will be Exxon Mobil and Chevron as they release results at pre-open.


This podcast and more financial literacy content ( on stocks and investments) are available on the Hisa App.


Apr 28, 202316:06
Markets 360 podcast- 27th April

Markets 360 podcast- 27th April

Today's Markets 360 podcast roundup brought to you by Hisa App


~NSE benchmarks were up, NASI was up 0.80 bps to 108.49 bps.


~Kakuzi extended the gain with a 9.95% in price appreciation.


~Liberty Holdings Plc was the top loser, shedding 7.12% in share price activity.


~Stock Focus: Flame Tree Group Holdings, stock has experienced volatility. FTGH is up 13% year-to-date.


~U.S Stocks were mixed as investors grew anxious about the financial sector.


~Nasdaq posted a gain of 0.47%, Dow down by 0.68% while S&P 500 down 0.38%.


~First Republic Bank was down 30% as investors grew concerned about balance sheet rebalancing.


~Meta Platforms shares were up 9% in after-hours trading as the company posted a net revenue of $28.65 billion and an EPS of $2.20.


~We also talk about Amazon and Boeing stocks, and how did these companies perform.


This podcast and more financial literacy content ( on stocks and investments) are available on the Hisa App.


Apr 27, 202313:02
Markets 360 podcast by Hisa 26th April

Markets 360 podcast by Hisa 26th April

Today's markets360 podcast roundup brought to you by Hisa App


~Alphabet Inc, Google's parent company announced a $70 billion stock buyback.

~Microsoft beats revenue expectations as integrations with ChatGPT spurs advertising sales.

~Earnings snapshots from Jetblue, Spotify and more.

~NSE continues to shed as companies fell ex-dividend (SCBK, I&M on ex-div).

~Total Energies shed 8.88% emerging as the worst performer while BOC Kenya edged 10% in share price gain.

~Safaricom was down 1.2% even as investors positioned for earnings in May.

~Stock focus: Britam Holdings Plc's performance over the past year.

~Kenyan economy overview; government debt grows as the shilling loses value against the dollar.

~Meta Platforms and Amazon are top companies to watch as the results season continues.



This podcast and more financial literacy content ( on stocks and investments) are available on the Hisa App.


Apr 26, 202313:32
Markets 360 podcast by Hisa -25th April

Markets 360 podcast by Hisa -25th April

Today's markets roundup brought to you by Hisa App


~NSE benchmark index NASI was up closing the day at 108.44 bps.

~Kakuzi top gainer for the day at 9.99% share price appreciation.

~Standard Charted topped the losers with a 9.41% decline, and I&M was down 7.41%% as companies fell ex-dividend.

~Ex-NSE listed company CMC Motors has shifted focus from selling "cars" to selling agricultural machinery.

~U.S benchmarks were fairly flat with Dow and S&P500 up while Nasdaq lost ground.

~First Republic Bank shares were down over 20% as the company said deposits were down by over $100 billion.

~Big day today as Google and Microsoft set to release their results.

This podcast and more financial literacy content ( on stocks and investments) are available on the Hisa App.


Apr 25, 202310:12
Markets 360 podcast by Hisa - 24th April

Markets 360 podcast by Hisa - 24th April

Today's markets roundup brought to you by Hisa App ~NSE had another short trading week, with the benchmarks extending their decline.

~Safaricom shed 7.3% to close the week at KES 16.50 per share.

~Jubilee was the top gainer adding 19% after the company issued a special dividend.

~TotalEnergies Kenya shareholders will enjoy a dividend of KES 1.31 per share as the company announces results.

~Sameer Africa shareholders to extend dividend drought as company's earnings shrink.

~Kenya's Pres. William Ruto proposed a mandatory 3% housing fund contribution by Kenyans.

~Wallstreet closed mixed on Friday, for the week, indices were flat, with the Nasdaq down only 0.4%.

~Earnings season continues with Tech companies expected to announce results this week.


This podcast and more financial literacy content ( on stocks and investments) are available on the Hisa App.

Apr 24, 202310:35
Markets 360 Podcast by Hisa - 20th April

Markets 360 Podcast by Hisa - 20th April

Todays markets roundup brought to you by Hisa App

~ NSE Activity remain muted; stocks trading fairly flat
~ Sanlam top gainer with 7.99% while TotalEnergies the worst peformer, down 6.09%
~ Jubilee Holdings declare a final dividend of KES 9.00 and a special dividend of KES 3.00
~ Stock focus today, TotalEnergies Kenya Plc
~ Tesla shares drop 6% in after-hours trade on mixed financials
~ U.S benchmarks flat despite earnings releases
~ CBK bond subscription falls to one-year-low

These and much more on stocks and investments available on Hisa App.
Apr 20, 202311:43
Markets 360 Podcast by Hisa - 19th April

Markets 360 Podcast by Hisa - 19th April

Todays markets roundup brought to you by Hisa App ~ U.S Markets remained fairly flat with Dow & Nasdaq down while the S&P 500 post marginal rise. ~ Netflix posts mixed results but beats analyst estimates with diluted EPS at $2.88 ~ Goldman Sachs misses analysts expectations, the shares were down as company issues scaling down notice ~ WeWork received cautionary notice from NYSE, giving it 6 months to regain compliance or face delisting ~ KCB and NBK enter into an Insurance deal with Sanlam ~ NSE turnover hits lowest this month at only 95 Million ~ Jubilee top gainer while Longhorn biggest loser ~ The Kenyan Shilling continues to loose ground after IMF advisory These and much more on stocks and investments available on Hisa App.
Apr 19, 202312:29
Markets 360 Podcast by Hisa - 18th April

Markets 360 Podcast by Hisa - 18th April

Today’s Markets 360 wrap up brought to you by Hisa App: ~ NSE ranked worst performer in dollar return among its peers by MSCI as shilling declines 6.8% in 1Q23 ~ NSE benchmark indices posts decline, NASI down 1.63% ~ Umeme gets first hit in days, losing 7.97% ~ Kakuzi share jumps 9.94% ~ Wallstreet posts gains, with the S&P 500 up 0.3% ahead of major earnings ~ Google stocks down 2.7% as Samsung considers replacing it with Bing as official search engine These and much more on stocks and investments available on Hisa App.
Apr 18, 202310:46
Markets 360 Podcast by Hisa - 17th April

Markets 360 Podcast by Hisa - 17th April

Today’s Markets 360 wrap up brought to you by Hisa App: ~ Umeme Limited was last week's top gainer, jumping 20.8% ~ NSE benchmarks retract gains posted last week, with the benchmark all share index down 2.36% ~ Equity Group down 2.20% to KES.44.50 even as it led the in turnover on the NSE ~ Libery Holdings was the week's worst performer, down by 16.14% ~ JP Morgan Chase posted upbeat financials, with a record 52% growth in YoY earnings ~ Citi & Wells Fargo also post positive returns ~ Dow led the pack, jumping by over 1.2% during the week as U.S benchmarks remained marginally stable These and much more on stocks and investments available on Hisa App.
Apr 17, 202312:52
Markets 360 Podcast by Hisa - 14th April

Markets 360 Podcast by Hisa - 14th April

Today’s Markets 360 wrap up brought to you by Hisa App:

~ NSE turnover rises 196% to KES 461.38 Million
~ NSE benchmark indices down as stock prices dip across board
~ Stock focus: Safaricom Plc is ranked 58th in terms of YTD performance on the NSE
~ Sanlam Kenya Plc posts reduction in net losses
~ Bank of Kigali Group top NSE gainer while Standard Group Plc leads the decliners
~ U.S Markets post gains as all benchmarks rise by over 1%
~ U.S Banks set to release financials today at pre-open
~ Boeing shares drop 5.3% as company says it will delay deliveries of the 737 aircrafts

These and much more on stocks and investments available on Hisa App.
Apr 14, 202312:52
Markets 360 Podcast by Hisa - 13th April

Markets 360 Podcast by Hisa - 13th April

Today’s Markets 360 wrap up brought to you by Hisa App:

~ U.S Core inflation down to 5.0%
~ U.S Markets end on the red as recession fears continue to scare
~ Tesla was the top mover, stock was however down 3.35%
~ KCB Appoints Annastacia Kimtai as KCB Kenya CEO
~ NSE benchmarks post declines, NASI now at 113.20 bps
~ Umeme continues to post gains, adding 8.7% to shareholder wealth now up over 80% YTD
~ HF Group top loser, shedding 3.76% on the NSE
~ Kenya govt offers KQ a 12 month bank holiday

These and much more also available on Hisa App
Apr 13, 202312:52
Markets 360 Podcast by Hisa - 11th April

Markets 360 Podcast by Hisa - 11th April

Today’s Markets 360 wrap up brought to you by Hisa App: ~ NSE closed the week higher last week, benchmark NASI was up 1.3%. ~ Sasini was last week's top gainer at 12.62% while NBV was the week's worst performer, down 15.49% ~ Kenya faces an uphill task, an undersubscribed bond last week, and MPs claiming delayed salaries ~ Alibaba releases Chat GPT like AI, to integrate it across all its platforms soon ~ Oil Prices edge higher on Tuesday, as investors look at OPEC+ cuts ~ U.S Markets mixed, S&P 500 and The Dow up while Nasdaq ends lower These and much more also available on Hisa App.
Apr 11, 202312:09
Markets 360 Podcast by Hisa - 6th April

Markets 360 Podcast by Hisa - 6th April

Markets 360 is a daily podcast bringing you a 360 degrees view of the markets. The podcast is hosted by Felix Ochieng. In today’s episode; ~ Nation Media results, dividend maintained at KES 1.50 per share ~ NSE Benchmark indices drop as rally stocks looses steam ~ TPS Eastern Africa leads with 6.79%, Nairobi Business Ventures top loser, drops 9.20%. ~ Performance of the FXD bond and the T-Bills from CBK ~ Tesla shares lead the large cap stocks in decline as company ammends articles of registration. ~ S&P 500 and Nasdaq drop on large cap stocks decline; Dow Jones gains slightly ~ Dogecoin and Twitter, the SEC could soon be calling ~ Paxful marketplace shutdown, Coinbase and a review of the cryptocurrency space These and much more also available on Hisa App.
Apr 06, 202312:09
Markets 360 Podcast by Hisa - 5th April

Markets 360 Podcast by Hisa - 5th April

Markets 360 is a daily podcast brining you a 360 degrees view of the markets. The podcast is hosted by Felix Ochieng. In today’s episode:

~ Secoo Holdings soars 139% on U.S markets as investors speculate on growth
~ Ex-President Donald Trump charged with 34 counts in U.S court
~ U.S Benchmark indices drop on recession fears, even as Janet Yellen assures of a stable outlook
~ Local stocks mostly flat, with Absa New Gold ETF leading gains with 10.11%
~ NSE benchmarks close lower with the exception of the NSE20 index
~ Kengen to receive $45.3 million towards rehabilitation of geothermal power plants

These and much more also available on Hisa App.
Apr 05, 202312:01
Markets 360 Podcast by Hisa - April 4th

Markets 360 Podcast by Hisa - April 4th

Markets 360 is a daily podcast by Hisa bringing you a 360 degree view of the markets. The podcast is hosted by Felix Ochieng. In today’s episode: ~ NSE market activity gains on first trading Monday of Q2 ~ E.A Portland Cement top gainer by 9.76%, Crown Paints down 8.74% ~ NSE indices all post gains, maintain growth momentum ~ Deep focus on commodities and what the OPEC+ production cuts mean ~ S&P 500 & DJIA post gains while drags; large caps shares drop ~ Tesla down 7% as earnings weigh on investor sentiments ~ Finland officially joins NATO, what could possibly go wrong? These and much more also available on Hisa App.
Apr 04, 202313:33
Markets 360 Podcast by Hisa - 3rd April

Markets 360 Podcast by Hisa - 3rd April

Markets 360 is a daily podcast bringing you a 360 degrees view of the markets. The podcast is hosted by Felix Ochieng. In today’s episode: ~ A brief review of the numbers on 1Q2023, how did markets perform? ~ NSE happy week as the benchmarks close the week higher. ~ Deep Focus on Umeme Limited & Standard Group Plc. Umeme top gainer, SGL the worst performer of the quarter. ~ Oil prices and OPEC+ suprise cuts on oil production per day. ~ U.S Markets, all benchmark indices end the quarter with positive numbers. These and much more also available on Hisa App.
Apr 03, 202316:41
Markets 360 Podcast by Hisa - 28th March

Markets 360 Podcast by Hisa - 28th March

Markets 360 is a daily podcast brining you a 360 degree view of the markets. The product is hosted by Felix Ochieng. In today’s episode: ~ DTB earnings, dividends up at KES 5.00 per share from KES 3.00 in 2021 ~ Kenya Airways loss widens to KES 38.3Bn despite a 66.3% growth in revenue ~ KPLC to get KES 500 million from the govt. in FY23/24 ~ NSE activity down 88% to KES 121 million, benchmark indexes up ~ Umeme Dividend returns up at UGX 63.9 per share ~ U.S Regulators pause Silicon Valley Bank sale ~ SPX & DJIA indexes up while Nasdaq ends lower on large cap drag
Mar 28, 202311:24
Markets 360 Podcast by Hisa - 27th March

Markets 360 Podcast by Hisa - 27th March

Markets 360 is a daily podcast bringing you a 360 degree view of the markets. The podcast is hosted by Felix Ochieng: ~ Market rebound after weeks of decline ~ U.S Markets post a rebound despite a decline on the banking index ~ Investors move to safe heaven assets. Gold jumps past the USD 1,900/ounce mark ~ NSE turnover was KES 30Bn, buoyed by KES 22.8Bn traded on EABL ~ NSE benchmark indices were all up, indicating market recovery on the exchange ~ We also talk about businesses, CBK & global protests in France, Israel, Kenya, and how they might affect markets today
Mar 27, 202312:34
Markets 360 Podcast by Hisa - 24th March

Markets 360 Podcast by Hisa - 24th March

Markets 360 is a daily podcast by Hisa App bringing you a 360 degrees view of the markets. The podcast is hosted by Felix Ochieng. In today’s episode:
~ TikTok is grilled by U.S Congress, the company's parent firm says they have no control or links to China's Communist Party
~ U.S Treasury Secretary continued to convince investors of a safer banking sector; bank indexes globally declines
~ DiamondHead Holdings up 93% on U.S markets
~ NSE continues rebound; benchmarks up
~ Safaricom Ethiopia hits 2.8 million subscribers
~ CIC writes off KES 900 million of bad premiums; declares first dividend in over 4 years
Mar 24, 202310:45
Markets 360 Podcast by Hisa - 22nd March

Markets 360 Podcast by Hisa - 22nd March

Markets 360 is a daily podcast bringing you a 360 degrees round up of the markets. The podcast is hosted by Felix Ochieng.

~ NSE continues to rebound with Total Energies leading the gainers
~ NSE Turnover hits 23 Billion moved by EABL's sale of 118Million shares
~ Kenya's cabinet approves a move to sell-off state parastatals without lawmakers' approval
~ Gamestop $GME gains about 50% buoyed by positive financials
~ Russia and China meeting

For this and many more highlights, tune in.
Mar 22, 202309:15
Markets 360 Podcast by Hisa - 17th March

Markets 360 Podcast by Hisa - 17th March

Markets 360 is a daily podcast bringing you a 360 degrees view of the markets. The podcast is hosted by Felix Ochieng. In today’s episode:

~ KCB Group was down on the NSE after a 33% decline in dividend per share
~ Cooperative bank declares a final dividend of KES 1.50 per share
~ Safaricom continues to drop, hitting a 6 year low of KES 17.00 per share
~ U.S Banks come in to shore up First Republic Bank with $30 Billion in deposits
~ Overall US market sentiment up with benchmark indices gaining
~ Safaricom unveils 5G experience centres in select areas in Nairobi
Mar 17, 202310:07
Markets 360 Podcast by Hisa - 16th March

Markets 360 Podcast by Hisa - 16th March

Markets 360 is a daily podcast bringing you a 360 degrees view of the market. The podcast is hosted by Felix Ochieng. In today’s episode:

~ NSE Continues to decline despite impressive banking sector FY2022 earnings
~ KCB cut dividend by 33% to KES 2.00 per share for the FY2022. Total profits up 19.5% to KES 40.8Bn
~ Safaricom hit a 7 year low of KES 18.00 per share
~ Credit Suisse given a lifeline as Swss Central Bank provides blank cheque
~ European Commercial Bank set to meet Thursday, another possible rate hike?
Mar 16, 202310:26