Kenya Equity Markets | 1 Sep 2015: NSE All Share index higher, NSE20 index lower ..

Nairobi, Kenya, Capital Markets in Africa — Kenya equity market capitalization ended at KES 2,101 billion after surging KES 4.58 billion (c.US$44 million) or 0.23 percent from the market capitalization of KES 2,006 billion recorded at previous trading session.

The Nairobi All Share Index advanced by 0.32 points or 0.22 percent to end at 143.12 points but the Nairobi Securities Exchange (NSE20) index declined by 23.38 points or 0.56 percent to close at 4,153.21 points. The FTSE NSE 15 index and FTSE NSE 25 surged by 2.32 percent at 184.23 and gained by 2.15 percent at 183.59 points respectively.

Look at today’s market activities, volume of shares traded shed off 21.41 percent to close at 10.14 million and total turnover also fell by 28.51 percent to close at KES 365.90 million. In term of investor types, foreign buys stood at 68.39 percent of total turnover, while foreign sales stood at 55.33 percent of total turnover.

Equity Group was the largest mover of the day with a turnover of KES 89.00mn representing 24.32 percent of the total market turnover. Other most actively traded stocks were KCB Group recorded KES 71.724 million; East Africa Breweries had KES 48.756 million, SAFARICOM registered KES 42.549 million and Pan Africa Investment ended with a turnover of KES 39.346 million.

From the market movers and shakers, today’s price mover was East Africa Portland Cement emerged as the top gainer after advancing by 8.00 percent to end the day at KES 54.00 after investors bought and sold 100 shares. Sameer Africa Limited surged by 7.41 percent to close the day at KES 4.35. Eaagads Limited soared by 5.00 percent to settle at KES 31.50. Similarly, Housing Finance Company Limited rose by 4.94 percent to end at KES 21.25 and Bamburi Cement Limited ended at KES 160.00 by gaining 3.90 percent.

 On the contrary, Kapchorua Kenya Limited emerged ended as the top loser after losing by 8.00 percent to end the day at KES 193.00. Standard Group Limited concluded at KES 9.21 by crashing by 34.50 percent and British-American Tobacco Kenya slid by 7.72 percent to trade at KES 753.00.  Scangroup Limited also somersaulted by 6.77 percent to close at KES 31.00 and East Africa Cable declined by 5.91 percent with a closing price of KES 11.15.

On foreign exchange market front, the Kenyan Shilling weakens by 0.08 percent against US dollar to trade at KES 103.96 and rose by 0.12 percent to end at KES 160.12 against British pound. Kenyan Shillings also lost 0.29 percent against the Euro to close at KES 117.15 and plunged by 0.70 percent against South African rand to trade at KES 7.84.