FAHR - STANLIB Fahari Income REIT
The STANLIB Fahari I-REIT is Kenya's first Real Estate Investment Trust (REIT). The fund aims to provide investors with a steady stream of income and capital growth by investing at least 75% of its total asset value in real estate in strategic locations within Kenya with a maximum of 25% invested in cash and cash-like instruments. STANLIB Kenya Limited officially launched in October 2013, after rebranding from Stanbic Investment Management Services. The company manages assets worth over KSH 121 billion (as at 31 December 2014). STANLIB Kenya is owned by Liberty Holdings who is the principal shareholder of Liberty Kenya Holdings Limited whose other local subsidiaries are Heritage Insurance and Liberty Life Assurance Limited.
|Last Trading Results|
|Day’s Low Price||6.56|
|Day’s High Price||6.94|
|Number of Deals||7|
|Growth & Valuation|
|Earnings Per Share||0.82|
|Dividend Per Share|
FAHR Stock Market Performance
The current share price of STANLIB Fahari Income REIT (FAHR) is KES 6.74. FAHR closed its last trading day (Friday, July 30, 2021) at 6.74 KES per share on the Nairobi Securities Exchange (NSE), recording a 4% gain over its previous closing price of 6.48 KES. STANLIB Fahari Income REIT began the year with a share price of 5.64 KES and has since gained 19.5% on that price valuation, ranking it 11th on the NSE in terms of year-to-date performance. Shareholders can be optimistic about FAHR knowing the stock has accrued 8% over the past four-week period—11th best on NSE.
STANLIB Fahari Income REIT is the 32nd most traded stock on the Nairobi Securities Exchange over the past three months (Apr 30 - Jul 30, 2021). FAHR has traded a total volume of 862,200 shares—in 635 deals—valued at KES 5.37 million over the period, with an average of 13,686 traded shares per session. A volume high of 92,300 was achieved on July 7th, and a low of 900 on May 25th, for the same period. The table below details the last 10 trading days of activity of STANLIB Fahari Income REIT on the Nairobi Securities Exchange.
Profile of STANLIB Fahari Income REIT
STANLIB Fahari Income REIT operates in the Financials sector.
|Factsheet of STANLIB Fahari Income REIT|
Liberty House 1st Floor, Nyerere Road, PO Box 30550-00100, Nairobi, Kenya
FAHR Industrial Market Competitors
STANLIB Fahari Income REIT, issuers of the FAHR stock on the Nairobi Securities Exchange, have a number of market competitors who are also engaged in the Financials sector. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
|BKG||BK Group Plc||26B||29.00||+41.5%|
|CIC||CIC Insurance Group Limited||7.74B||2.96||+39%|
|EQTY||Equity Group Holdings Limited||185B||48.90||+33.8%|
|JUB||Jubilee Holdings Limited||27.5B||379.00||+33.5%|
|KCB||KCB Group Limited||141B||45.70||+20%|
|LBTY||Liberty Kenya Holdings Limited||4.85B||9.06||+17.7%|
|HFCK||HF Group Limited||1.33B||3.78||+13.9%|
|KNRE||Kenya Re-Insurance Corporation Ltd||7.2B||2.57||+10.8%|
|COOP||Co-operative Bank of Kenya Limited||79.5B||13.55||+8.4%|
|NSE||Nairobi Securities Exchange Limited||2.29B||8.84||+8.33%|