Kenya Equity Markets | 25 Sep 2015 : Kenya Equity Markets Marginally Higher, Investors gain US$2 Mill ..

Nairobi, Kenya Capital Markets in Africa — Nairobi Securities Exchange closed a mixed feeling at the end of Friday’s trading session. The equity market capitalization closed  at KES 2,080 billion after adding KES 23 million (c.US$2.2 million) or 0.01 percent from the market capitalization of KES 2,080 billion recorded at previous trading session.

The Nairobi All Share Index slightly added 0.01 percent or 0.02 points to end at 148.32 points but the Nairobi Securities Exchange (NSE20) index marginally declined by 1.45 points or 0.03 percent to close at 4,221.10 points. The FTSE NSE 15 index and FTSE NSE 25 surged by 0.80 percent to end at 196.66 and rose by 0.89 percent or 1.75 points at 196.55 points respectively.

Look at today’s market activities, volume of shares traded added 20.49 percent to close at 17.76 million and the total turnover gained 396.53 percent to close at KES 1,519.54 million.

Safaricom Limited was the largest mover of the day with a volume of 7,073,800 representing 39.83 percent of the total market volume. Other most actively traded stocks were Equity Group Kenya recorded 2,827,900; Kenya Re-Insurance had 2,336,200, British-American Tobacco Kenya registered 1,400,000 and KenolKobil Limited ended with a volume of 449,300.

From the market movers and shakers, today’s price mover was Standard Group Limited emerged as the top gainer by adding 8.80 percent to end the day at KES 34.00. Carbacid Investment Limited surged by 7.37 percent to close the day at KES 15.30. British-American Tobacco Kenya soared by 6.67 percent to settle at KES 800.00. Crown Berger Paint Limited went up by 6.03 percent to end at KES 61.50 and Mumias Sugar Company closed at KES 1.95 after adding 5.41 percent.

 On the losers’ chart, Flame Tree Group Holdings Limited top the loser table by dropping 7.89 percent to end the day at KES 7.00. B.O.C Kenya Limited settled at KES 115.00 after sagging by 6.50 percent and Longhorn Kenya Limited plunged by 5.00 percent to trade at KES 6.65. Total Kenya Limited plummeted by 4.39 percent to end at KES 18.50 and Bamburi Cement Limited slumped by 3.43 percent with a closing price of KES 169.00.

On foreign exchange market front, the Kenyan Shilling appreciated by 0.27 percent against US dollar to trade at KES 105.2757 and appreciated by 0.45 percent to end at KES 160.3878 against British pound. Kenyan Shillings gained 0.32 percent against the Euro to close at KES 117.5011 and gained by 0.08 percent against South African rand to trade at KES 7.5895.