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)
A good delivery is when the delivery of a share certificate and the transfer form meet all the requirements of the transfer. They are delivered within the stipulated period and contain no defects like mutilation, erasure, correction, overwriting, alterations or inconsistencies and missing details.
An agent is an appointed representative (of a stockbroker or investment bank) who is authorized to transact the business of buying and selling shares for a commission through and on behalf of the stockbroker or investment bank.
This is the price-to-earnings ratio. It is calculated by dividing the market price per share by the earnings registered in the last twelve months. It is the most common measure of how expensive a share is. Companies that are not profitable at all, i.e. those with negative earnings do not have a P/E ratio at all. Companies with very high P/E ratios are normally considered to be risky.
This is money raised by companies to finance new ventures.
This is a shareholder or group of shareholders who control more than half of a company’s shares.