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 (AK
This is limiting investment risk by purchasing different types of securities from different companies representing different sectors of the economy.
Intraday
This means within the day. It is often used to refer to the price movements of a stock within a single trading session. Example; when a stock reaches a new intraday high, it means that it is trading at a new high price, relative of all other prices it has traded at during the day.
Controlling Interest
This is holding a sufficiently large number of shares in a company to enact changes (or control) in its policies. Ownership of 50% plus one of the equity shares in a company can give an individual or group the voting power to influence a company’s decision. If the shareholding is dispersed among people who do not bother to vote (usually small shareholders), controlling interest of the company can be achieved with shareholding of a lot less than 50%
Rally
A rally is a period of sustained increase in the price of stocks, bonds or indexes. It can happen during a bull or a bear market, called a bull market rally, or a bear market rally respectively.
Allotment Letter
This is the document issued by a company to its investors showing the number and value of shares allotted to the applicant after successful subscription.
Investor Word
Diversification
This is limiting investment risk by purchasing different types of securities from different companies representing different sectors of the economy.
Intraday
This means within the day. It is often used to refer to the price movements of a stock within a single trading session. Example; when a stock reaches a new intraday high, it means that it is trading at a new high price, relative of all other prices it has traded at during the day.
Controlling Interest
This is holding a sufficiently large number of shares in a company to enact changes (or control) in its policies. Ownership of 50% plus one of the equity shares in a company can give an individual or group the voting power to influence a company’s decision. If the shareholding is dispersed among people who do not bother to vote (usually small shareholders), controlling interest of the company can be achieved with shareholding of a lot less than 50%
Rally
A rally is a period of sustained increase in the price of stocks, bonds or indexes. It can happen during a bull or a bear market, called a bull market rally, or a bear market rally respectively.
Allotment Letter
This is the document issued by a company to its investors showing the number and value of shares allotted to the applicant after successful subscription.