NBV’s Volatility, Centum Results and Amazon’s Decline After $887M EU Privacy Data Privacy Violation Fine

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In this episode, the Hisa team analyses the decline of NBV, which fell 8.6% Week on Week, showing exceptionally high volatility on the exchange. NBV, the 13th most traded stock, still holds a record YTD performance, rising 93% for the period. We also look at the negative impact of the pandemic that led to Centum’s Ksh 1.37 billion loss and what the selling part of the Two Rivers Development stake could do for the company. Lastly, we close the episode touching on events in global markets, including Amazon’s decline after paying a hefty fine of $887 million for breaching EU Data Privacy Regulations, and highlight what investors can expect from Robinhood’s listing on the Nasdaq.

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