Kenya Equity Markets | 21 Oct 2015: : the bull triumph at Nairobi Securities Exchange … market cap US$131 million

Nairobi, Kenya Capital Markets in Africa — Nairobi Securities Exchange was closed yesterday for Kenya’s public holiday to celebrate their heroes. The equity market capitalization ended at KES 1,955 billion after gaining KES 13.4 billion (c.US$131 million) or 0.69 percent from the market capitalization of KES 1,941 billion recorded at the previous trading session.

The Nairobi All Share Index grew by 0.69 percent or 0.95 points to end at 138.96 points but the Nairobi Securities Exchange (NSE20) index sagged by 21.05 points or 0.54 percent to close at 3,909.27 points. The NSE 25 index ended at 4,036.07 after adding 0.56 percent or 22.51 points. The FTSE NSE 15 index and FTSE NSE 25 advanced by 0.75 percent to end at 181.93 and soared by 0.83 percent to end at 181.54 points respectively.

Look at today’s market activities, the volume of shares traded jumped 101.63 percent to close at 36.75 million and the total turnover also ended KES 503.93 million up 58.80 percent compared to the previous turnover. Kenya Commercial Bank was the largest mover of the day with a turnover of KES 209.73 million representing 26.21 percent of the total market turnover. Other most actively traded stocks were SAFARICOM Limited registered KES 128.075 million; Barclays Bank of Kenya had KES 102.048 million, SCANGROUP Limited registered KES 93.365 million and ATHI RIVER Kenya ended with a turnover of KES 58.467 million.

From the market movers and shakers, today’s price gainer was UMEME Group Limited emerged as the top gainers after gaining 6.25 percent to end the day at KES 17.00. Olympia Capital Holdings Limited advanced by 5.56 percent to close the day at KES 4.75. Kenya Reinsurance jumped by 4.53 percent to trade at KES 20.75. Eveready East Africa Limited gained 3.39 percent to end at KES 3.05 and East Africa Breweries Limited ended at KES 260.00 after surging by 2.77 percent.

 On the contrary, Home Afrika Limited emerged as the top loser after dipping by 6.25 percent to trade the day at KES 1.50. CIC Insurance Group Limited settled at KES 6.15 after dropping 5.38 percent and Scangroup Limited dipped by 4.95 percent to trade at KES 24.00. CFC Stanbic Holdings Limited dropped 4.44 percent to close at KES 86.00 and National Bank of Kenya slacked by 4.14 to trade at KES 15.05.

On foreign exchange market front, the Kenyan Shilling appreciated against US dollar to trade at KES 102.1205 by adding 0.33 percent and grew by 0.23 percent to close at KES 157.7964 against the British pound. Kenyan Shillings gained 0.36 percent against the Euro to close at KES 115.9864 and appreciated by 1.92 percent against South African rand to trade at KES 7.6854.