Kenya Equity Markets | 16 Oct 2015: Kenya Equity Traders smile today, Market cap gains US$170 Mill …

Nairobi, Kenya Capital Markets in Africa — On Friday, Nairobi Securities Exchange stock markets got a relief by ending in the North Pole after reaching a four year low on Thursday’s trading session. The equity market capitalization ended at KES 1,926 billion after gaining KES 17.40 billion (c.US$169 million) or 0.91 percent from the market capitalization of KES 1,909 billion recorded at previous trading session.

The Nairobi All Share Index jumped by 0.91 percent or 1.32 points to end at 136.94 points and the Nairobi Securities Exchange (NSE20) index surged by  32.95 points or 0.85 percent to close at 3,901.13 points. Also, NSE 25 index closed at 3,977.69 after adding 0.60 percent or 23.86 points. The FTSE NSE 15 index and FTSE NSE 25 advanced by 0.46 percent to end at 178.48 and soared by 0.46 percent to end at 178.48 points respectively.

Look at today’s market activities, the volume of shares traded declined 21.22 percent to close at 28.98 million and the total turnover fell by 10.64 percent to close at KES 1.16 billion.

SAFARICOM Limited was the largest mover of the day with a volume of 7,002,100 representing 24.15 percent of the volume.  Other most actively traded stocks were Kenya Commercial Bank recorded 5,535,300; Equity Group had 5,460,600, Co-operation Bank of Kenya registered 1,878,200 and Barclays Bank Kenya ended with a volume of 1,414,700.

From the market movers and shakers, today’s price mover was Jubilee Holdings Limited emerged as the top advancer after adding 8.01 percent to end the day at KES 418.00. Liberty Kenya Holdings Limited jumped by 5.26 percent to close the day at KES 20.00. Standard Chartered Bank Limited surged by 4.62 percent to trade at KES 204.00. Also, I&M Holdings Limited added 4.17 percent to end at KES 100.00 and Trans-Century Limited ended at KES 13.70 after surging by 3.79 percent.

 On the contrary, Crown Berger Limited emerged as the top decliner after dropping 5.51 percent to trade the day at KES 60.00. TPS Eastern Africa Limited settled at KES 28.00 after dipping by 5.08 percent and Uchumi Supermarket Limited sagged by 5.03 percent to trade at KES 9.45. UNGA Group Limited dropped 4.49 percent to close at KES 37.25 and Home Afrika Limited slacked by 3.03 to trade at KES 1.60.