Kenya Equity Markets | 01 Oct 2015: NSE Equity Market Capitalization US$170 Million down ..

Nairobi, Kenya Capital Markets in Africa — The Nairobi Securities Exchange backed to negative zone after a day in the positive region yesterday.  The equity markets capitalization closed  at KES 2,046 billion after losing KES 17.82 billion (c.US$170.2 million) or 0.84 percent from the market capitalization of KES 2,063 billion recorded at previous trading session.

The Nairobi All Share Index sagged by 0.86 percent or 1.27 points to end at 145.65 points and the Nairobi Securities Exchange (NSE20) index declined by 20.52 points or 0.49 percent to close at 4,153.00 points. The FTSE NSE 15 index and FTSE NSE 25 fell by 1.00 percent to end at 191.03 and sagged by 1.14 percent or 2.20 points at 190.52 points respectively.

Look at today’s market activities, the volume of shares traded was down 26.39 percent to close at 16.55 million and the total turnover decreased by 70.16 percent to close at KES 426.151 million.

SAFARICOM was the largest mover of the day with a volume of 6,458,300 representing 39.03 percent of the total market volume. Among the most actively traded stocks by volume were KENOL KOBIL Limited recorded 2,764,700; Equity Group had 2,642,300, Co-operative Bank of Kenya registered 1,069,600 and British-American Investment ended with a volume of 442,700.

From the market movers and shakers, today’s price mover was CFC STANBIC Holdings Limited emerged as the top movers by gaining 3.45 percent to end the day at KES 90.00. Liberty Kenya Holdings surged by 2.38 percent to close the day at KES 21.50. UNGA Group Limited advanced by 1.74 percent to settle at KES 43.75. EAAGADS Limited rose by 1.69 percent to end at KES 30.00 and Standard Group Limited closed at KES 34.50 after adding 1.47 percent.

On the losers’ chart, SASINI Limited topped the losers table by dropping 5.20 percent to end the day at KES 15.50. TPS Eastern Africa traded at KES 28.50 after losing 3.39 percent and Williams Tea Kenya slipped by 3.32 percent to trade at KES 349.00. Kenya Commercial Bank plummeted by 3.19 percent to end at KES 45.50 and Mumias Sugar Company Limited slumped by 2.70 percent with a closing price of KES 1.80.

On foreign exchange market front, the Kenyan Shilling appreciated by 0.58 percent against US dollar to trade at KES 104.6829 and appreciated by 0.65 percent to end at KES 158.5442 against British pound. Kenyan Shillings added 1.10 percent against the Euro to close at KES 117.03 and rose by 0.03 percent against South African rand to trade at KES 7.5684.