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
A stock market speculator who expects share prices to fall and therefore keeps selling in anticipation to buy the shares later at a lower price. All individuals can be bearish at times although some are perennially so. The term is derived from the attacking posture of the bear; pushing downwards.
Discount
This is the difference between a bond’s face value and its current market price, if lower.
Member
This is short for ‘member of the Nairobi Securities Exchange’ and refers to the stockbrokers holding membership at the exchange. Membership is mandatory in order to fill in trades for clients on the exchange. It is also referred to as owning a seat at the NSE.
Nervous Market
This is a stock market that is reacting sharply to economic or political events e.g. change of government.
Paper Profit
This is when the market price of a share is greater than its original purchase price giving rise to a profit which is not a realized profit until the shares are actually sold.
Investor Word
Bear
A stock market speculator who expects share prices to fall and therefore keeps selling in anticipation to buy the shares later at a lower price. All individuals can be bearish at times although some are perennially so. The term is derived from the attacking posture of the bear; pushing downwards.
Discount
This is the difference between a bond’s face value and its current market price, if lower.
Member
This is short for ‘member of the Nairobi Securities Exchange’ and refers to the stockbrokers holding membership at the exchange. Membership is mandatory in order to fill in trades for clients on the exchange. It is also referred to as owning a seat at the NSE.
Nervous Market
This is a stock market that is reacting sharply to economic or political events e.g. change of government.
Paper Profit
This is when the market price of a share is greater than its original purchase price giving rise to a profit which is not a realized profit until the shares are actually sold.