Kenya Equity Markets | 02 Oct 2015: Kenya Equity Trading Continues in the Red, US$307 Million Lower …

Nairobi, Kenya Capital Markets in Africa — At Friday trading session, the Nairobi Securities Exchange continued in the negative moods after the equity markets capitalization closed  at KES 2,014 billion after losing KES 32.03 billion (c.US$307 million) or 1.57 percent from the market capitalization of KES 2,046 billion recorded at previous trading session.

The Nairobi All Share Index fell by 1.71 percent or 2.49 points to end at 143.16 points and the Nairobi Securities Exchange (NSE20) index declined by 43.40 points or 1.05 percent to close at 4,109.60 points. The FTSE NSE 15 index and FTSE NSE 25 sagged by 1.61 percent to end at 187.96 and slumped by 1.76 percent or 3.36 points at 187.16 points respectively.

Look at today’s market activities, the volume of shares traded increased by 56.24 percent to close at 25.85 million and the total turnover added 73.48 percent to close at KES 739.295 million.

SAFARICOM was the largest mover of the day with a volume of 13,960,300 representing 54 percent of the total market volume. Among the most actively traded stocks by volume were Equity Group Limited recorded 4,004,500; Kenya Commercial Bank had 2,630,200, Co-operative Bank of Kenya registered 842,500 and KPLC ended with a volume of 589,700.

From the market movers and shakers, today’s price mover was Olympia Capital Holdings Limited emerged as the top movers by adding 9.20 percent to end the day at KES 4.75. Flame Tree Group Holdings Limited soared by 6.43 percent to close the day at KES 7.45. SASINI Limited advanced by 4.84 percent to settle at KES 16.25. Longhorn Kenya Limited rose by 3.23 percent to end at KES 6.40 and Total Kenya Limited closed at KES 19.75 after adding 2.33 percent.

 On the losers’ chart, SCANGROUP Limited top the loser table by dropping 8.33 percent to end the day at KES 27.50. Liberty Kenya Holdings Limited traded at KES 20.00 after falling by 6.98 percent and EAAGADS Limited slipped by 6.67 percent to trade at KES 28.00. B.O.C Kenya Limited sagged by 6.50 percent to end at KES 115.00 and Crown Berger Limited slumped by 4.65 percent with a closing price of KES 61.50.

On foreign exchange market front, the Kenyan Shilling appreciated by 0.29 percent against US dollar to trade at KES 104.3943 and appreciated by 0.26 percent to end at KES 158.20 against British pound. Kenyan Shillings added 0.40 percent against the Euro to close at KES 116.6297 and rose by 0.08 percent against South African rand to trade at KES 7.4914.