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Topic: NSE TOP DOGS - Magda  [611 views | 4 replies]
Friday, February 29, 2008 13:29
Speaking of inequitable distribution of resources……….9 out of the 24 licensed brokerage houses in Kenya account for about 70% of the business that goes through the Nairobi Stock Exchange. Ranking in terms of turnover is as follows:

 

1.        Dyer & Blair Investment Bank

2.       Standard Investment Bank

3.       CFC Financial Services

4.       Apex Securities Ltd

5.       Nyaga Stockbrokers (in the red)

6.       Kestrel Capital

7.       Faida Investment Bank

8.       Suntra Investment Bank

9.       Discount Securities Ltd

 

Please note,turnover for the top 9 does not include the hundreds of millions they raked in from transaction advisory services and professional services on listings,mergers,acquisitions e.t.c.

 

Bottom three – Bob Mathews,Solid Investments and Crossfield Securities. 15 brokerage houses controlling only 30% of the market share means less commissions for them,which results in a strain in meeting their cost of operations which ultimately results to a search by these brokers for additional avenues of income and thus trading malpractices.

PENTAGON - supremely and idiotically naive
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damn..... [Shiznit...]
Saturday, March 01, 2008 12:16

this cant be true ......and where exactky do place african alliance coz it dwarfs most of yah brokers in yah post obove.....

Every morning a Lion n Gazelle wakes up..The Lion knows it must outrun the slowest gazelle or starve to death,a gazelle knows it must outrun the lion or it will be killed...when the morning comes doesnt matter whether you r a Lion o gazelle you better be running...
NSE TOP DOGS [Sober]
Friday, February 29, 2008 15:13

this thing was on bdafrica some 3wks ago. lets wait for this years'' list am sure of a small twist. for instance rennaisance ikipita katikati yao.

happy investing.



A ship in harbour is safe,but that is not what ships are built for. St. Bede
NSE TOP DOGS [Dizzy]
Friday, February 29, 2008 14:39

Magda,give us more info like a full list of all 24 firms. Can we read it on some posting somewhere?

Strike while the iron is hot
NSE TOP DOGS [mtaalam]
Friday, February 29, 2008 14:35

Are you sure Suntra is no. 8??

The best time to plant a tree is twenty years ago. The second best time is now.
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