Wednesday, May 23, 2012 | Last Updated 4 minutes ago
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Stock Exchange
Single deal at stock market
Publish Date: Feb 14, 2012
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  • By David Mugabe

    Only one company, Bank of Baroda sold shares on Tuesday, one of the lowest trading sessions since the year began.

    Baroda sold 8,000 shares picking sh1.5m in turnover at an average price of sh190 per share.

    Meanwhile,, New Vision and Stanbic bank received the highest sell offers at 786,516 and 690,000 respectively.
    There were also bids for 485,000 Stanbic shares.

    The stock market is still waiting for new corporate action in the new year which is expected to liven up activity.
    Inflation according to experts has been a disincentive and has wiped out shareholder value from the market in the past one year.

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