Close Menu
  • Briefing
    • Cover Story
    • Latest News
    • Counties
  • Politics
    • Society
  • Special Reports
    • Companies
    • Enterprise
    • Money
    • Technology
  • Columns
  • Dispatches from China
  • Member Content
    • Shop
  • Contact Us
    • About us
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram LinkedIn
Nairobi Business Monthly
Subscribe
  • Briefing
    • Cover Story
    • Latest News
    • Counties
  • Politics
    • Society
  • Special Reports
    • Companies
    • Enterprise
    • Money
    • Technology
  • Columns
  • Dispatches from China
  • Member Content
    • Shop
  • Contact Us
    • About us
Nairobi Business Monthly
Home»Money»NBM – STOCK OF THE MONTH
Money

NBM – STOCK OF THE MONTH

EditorBy Editor11th July 2014Updated:23rd September 2019No Comments1 Min Read
Facebook Twitter WhatsApp Telegram Email
Share
Facebook Twitter WhatsApp Telegram Email

The Nairobi Law Monthly September Edition

NBM – Stock Of The Month

Kenya Reinsurance Limited (NSE: KNRE)

Kenya Re, the only listed reinsurer on the NSE has registered significant 10.81% share price advancement over the month. This upward trend has been supported by an increase in investor demand in anticipation of a positive FY13 financial performance, with the results due for release before the end of the month. In addition, the company is strategically placed in a rapidly growing insurance industry. Internal company fundamentals remain favorable with consistent profitability and growth in earnings with the company currently trading at a P/E of 5.06x against the industry average of 9.68x thus relatively undervalued.

 

 

Stocks To Watch

 

1.       Total Kenya Limited (NSE: TOTL)

1.       Safaricom Limited (NSE:SCOM)

 

 

The Nairobi Law Monthly September Edition
Follow on Facebook Follow on X (Twitter) Follow on WhatsApp
Share. Facebook Twitter WhatsApp Telegram
Editor

Related Posts

Equity, IFC jointly give Sh2.58b to help drive financial inclusion in Africa

7th February 2025

Dollar soars as Trump wins US presidential election

7th November 2024

Kenya secures access to IMF financing

31st October 2024

Equity bank trims its lending rate to 17.83%

9th September 2024
Add A Comment

Leave A Reply Cancel Reply

The Nairobi Law Monthly September Edition
Latest Posts

Kenyan banks report decline in deposits as loan demand grows

2nd June 2025

Fatal crash halts traffic on Nairobi-Mombasa Highway

30th May 2025

TIFA poll: Most Kenyans reject broad-based govt over cost of living concerns

29th May 2025

VAT shake-up in Finance Bill 2025 threatens businesses, economists warn

29th May 2025

AfDB sees Africa becoming the world’s second-fastest growing region

29th May 2025
The Nairobi Law Monthly September Edition
Nairobi Business Monthly
Facebook X (Twitter) Instagram LinkedIn
  • About Us
  • Member Content
  • Download Magazine
  • Contact Us
  • Privacy policy
© 2025 NairobiBusinessMonthly. Designed by Okii

Type above and press Enter to search. Press Esc to cancel.