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Madness at the NSE
Ericsson
#1701 Posted : Monday, April 01, 2019 11:41:09 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,628
Location: NAIROBI
Today it's a hung day for the market
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
HaMaina
#1702 Posted : Monday, April 01, 2019 12:14:00 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 903
Ericsson wrote:
Today it's a hung day for the market


Any info on whats going on?
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Superprime1
#1703 Posted : Monday, April 01, 2019 2:38:53 PM
Rank: Member


Joined: 5/2/2018
Posts: 267
HaMaina wrote:
Ericsson wrote:
Today it's a hung day for the market


Any info on whats going on?

NSE and CDSC decided it was April Fool's Day and the prank went aweful.

"unavailability of connectivity to the Central Depository System", affecting " core services including trading of equities and bonds".
Angelica _ann
#1704 Posted : Monday, April 01, 2019 2:50:05 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
Superprime1 wrote:
HaMaina wrote:
Ericsson wrote:
Today it's a hung day for the market


Any info on whats going on?

NSE and CDSC decided it was April Fool's Day and the prank went aweful.

"unavailability of connectivity to the Central Depository System", affecting " core services including trading of equities and bonds".


Thanks, i have struggled the whole day. d'oh!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
cyruskulei
#1705 Posted : Monday, April 01, 2019 2:54:29 PM
Rank: Member


Joined: 3/9/2010
Posts: 320
Location: kenya
Angelica _ann wrote:
Superprime1 wrote:
HaMaina wrote:
Ericsson wrote:
Today it's a hung day for the market


Any info on whats going on?

NSE and CDSC decided it was April Fool's Day and the prank went aweful.

"unavailability of connectivity to the Central Depository System", affecting " core services including trading of equities and bonds".


Thanks, i have struggled the whole day. d'oh!


Open
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.

Ericsson
#1706 Posted : Monday, April 01, 2019 3:00:24 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,628
Location: NAIROBI
Superprime1 wrote:
HaMaina wrote:
Ericsson wrote:
Today it's a hung day for the market


Any info on whats going on?

NSE and CDSC decided it was April Fool's Day and the prank went aweful.

"unavailability of connectivity to the Central Depository System", affecting " core services including trading of equities and bonds".


Will they double trading hours tomorrow
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
AndyC
#1707 Posted : Monday, April 01, 2019 3:16:37 PM
Rank: Member


Joined: 4/21/2015
Posts: 151

Fish markets are doing better!
Superprime1
#1708 Posted : Monday, April 01, 2019 4:43:40 PM
Rank: Member


Joined: 5/2/2018
Posts: 267
Ericsson wrote:
Superprime1 wrote:
HaMaina wrote:
Ericsson wrote:
Today it's a hung day for the market


Any info on whats going on?

NSE and CDSC decided it was April Fool's Day and the prank went aweful.

"unavailability of connectivity to the Central Depository System", affecting " core services including trading of equities and bonds".


Will they double trading hours tomorrow

Big joke of the day: trading hours extended to 5pm. Yet one still can't log in.
Pesa Nane
#1709 Posted : Monday, April 01, 2019 5:42:49 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
HaMaina wrote:
Ericsson wrote:
Today it's a hung day for the market


Any info on whats going on?


Pesa Nane plans to be shilingi when he grows up.
Superprime1
#1710 Posted : Monday, April 01, 2019 6:50:19 PM
Rank: Member


Joined: 5/2/2018
Posts: 267
Anyone able to log in yet?
Superprime1
#1711 Posted : Friday, April 05, 2019 2:11:35 PM
Rank: Member


Joined: 5/2/2018
Posts: 267
My online trading platform seems to have frozen since before noon... Anyone experiencing the same?
Ericsson
#1712 Posted : Thursday, April 11, 2019 10:08:07 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,628
Location: NAIROBI
CDSC Kenya experienced a 25% decrease in the number of active CDS accounts from 1,527,834 in 2016 to 1,150,270 in 2017
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#1713 Posted : Thursday, April 11, 2019 1:15:23 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
Ericsson wrote:
CDSC Kenya experienced a 25% decrease in the number of active CDS accounts from 1,527,834 in 2016 to 1,150,270 in 2017



Stock investment is not yet fully embraced by Kenyans.people still believe in rentals rooms of "kaploti".
Towards the goal of financial freedom
Angelica _ann
#1714 Posted : Thursday, April 11, 2019 1:36:22 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
Ebenyo wrote:
Ericsson wrote:
CDSC Kenya experienced a 25% decrease in the number of active CDS accounts from 1,527,834 in 2016 to 1,150,270 in 2017



Stock investment is not yet fully embraced by Kenyans.people still believe in rentals rooms of "kaploti".


After being burnt to regognition, Wanjiku gave up on stocks. I remember the crazy lines in stock brokerage offices. Anyway majority have also gone high-tech with online trading systems/platforms with clients.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
sparkly
#1715 Posted : Thursday, April 11, 2019 2:07:47 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Angelica _ann wrote:
Ebenyo wrote:
Ericsson wrote:
CDSC Kenya experienced a 25% decrease in the number of active CDS accounts from 1,527,834 in 2016 to 1,150,270 in 2017



Stock investment is not yet fully embraced by Kenyans.people still believe in rentals rooms of "kaploti".


After being burnt to regognition, Wanjiku gave up on stocks. I remember the crazy lines in stock brokerage offices. Anyway majority have also gone high-tech with online trading systems/platforms with clients.


Capital Gains Tax on Shares put traders off. My sell transactions since 2015 have been minimal.
Life is short. Live passionately.
Ericsson
#1716 Posted : Thursday, April 11, 2019 2:09:11 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,628
Location: NAIROBI
sparkly wrote:
Angelica _ann wrote:
Ebenyo wrote:
Ericsson wrote:
CDSC Kenya experienced a 25% decrease in the number of active CDS accounts from 1,527,834 in 2016 to 1,150,270 in 2017



Stock investment is not yet fully embraced by Kenyans.people still believe in rentals rooms of "kaploti".


After being burnt to regognition, Wanjiku gave up on stocks. I remember the crazy lines in stock brokerage offices. Anyway majority have also gone high-tech with online trading systems/platforms with clients.


Capital Gains Tax on Shares put traders off. My sell transactions since 2015 have been minimal.


It was suspended
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#1717 Posted : Thursday, April 11, 2019 2:41:57 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
sparkly wrote:
Angelica _ann wrote:
Ebenyo wrote:
Ericsson wrote:
CDSC Kenya experienced a 25% decrease in the number of active CDS accounts from 1,527,834 in 2016 to 1,150,270 in 2017



Stock investment is not yet fully embraced by Kenyans.people still believe in rentals rooms of "kaploti".


After being burnt to regognition, Wanjiku gave up on stocks. I remember the crazy lines in stock brokerage offices. Anyway majority have also gone high-tech with online trading systems/platforms with clients.


Capital Gains Tax on Shares put traders off. My sell transactions since 2015 have been minimal.


It was suspended



Effects still being felt. The proposal dampened interest and interest is yet to return.
Life is short. Live passionately.
AndyC
#1718 Posted : Thursday, April 11, 2019 2:43:58 PM
Rank: Member


Joined: 4/21/2015
Posts: 151
Ericsson wrote:
sparkly wrote:
Angelica _ann wrote:
Ebenyo wrote:
Ericsson wrote:
CDSC Kenya experienced a 25% decrease in the number of active CDS accounts from 1,527,834 in 2016 to 1,150,270 in 2017



Stock investment is not yet fully embraced by Kenyans.people still believe in rentals rooms of "kaploti".


After being burnt to regognition, Wanjiku gave up on stocks. I remember the crazy lines in stock brokerage offices. Anyway majority have also gone high-tech with online trading systems/platforms with clients.


Capital Gains Tax on Shares put traders off. My sell transactions since 2015 have been minimal.


It was suspended


The damage was already done. Indeed the stock market has never been the same since capital gain tax.
heri
#1719 Posted : Thursday, April 11, 2019 3:10:11 PM
Rank: Member


Joined: 9/14/2011
Posts: 834
Location: nairobi
Ericsson wrote:
CDSC Kenya experienced a 25% decrease in the number of active CDS accounts from 1,527,834 in 2016 to 1,150,270 in 2017


what does this mean because some of us have more than one account? that the actual people with accounts are even fewer

we need more people on the NSE otherwise where do we offload the monkeys we have been carrying around?smile we need newbies who can take the monkeys as part of their learning and burning to recognition just like it was for us
rwitre
#1720 Posted : Thursday, April 11, 2019 11:26:05 PM
Rank: Member


Joined: 3/8/2018
Posts: 507
Location: Nairobi
Ericsson wrote:
CDSC Kenya experienced a 25% decrease in the number of active CDS accounts from 1,527,834 in 2016 to 1,150,270 in 2017



We're in 2019.

Why are they giving statistics on 2017?

We will know how 2018 was in 2020?

Why are we like this?
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