Kenya Equity Markets | 28 Oct 2015: NSE All Share, Market Cap higher but NSE 20, NSE 25 Index lower …

Nairobi, Kenya Capital Markets in Africa — At the end of Wednesday’s trading session, the equity market capitalization ended at KES 1,941 billion after gaining KES 1.82 billion (c.US$18 million) or 0.09 percent from the market capitalization of KES 1,939 billion recorded at the previous trading session.

The Nairobi All Share Index surged by 0.09 percent or 0.13 points to end at 137.99 points but the Nairobi Securities Exchange (NSE20) index plunged by 7.63 points or 0.19 percent to close at 3,905.88 points. Also, NSE 25 index closed at 4,022.64 after losing 0.13 percent. The FTSE NSE 15 index and FTSE NSE 25 sagged by 0.09 percent to end at 180.26 and slumped by 1.34 percent to close at 179.58 points respectively.

Today’s market volume of shares traded today was 28.78 million and the total turnover went up 32.01 percent to close the day at KES 983.14 million. In term of investor types, foreign buys stood at 79.63 percent of total turnover, while foreign sales stood at 92.01 percent of total turnover.

Equity Group was the largest mover of the day with a turnover of KES 3371.83 million representing 34.36 percent of the total market turnover. Other most actively traded stocks were SAFARICOM recorded KES 142.629 million; British-American Tobacco Kenya had KES 141.042 million, East African Breweries Limited registered KES 101.782 million and Kenya Commercial Bank closed with a turnover of KES 84.155 million.

From the market movers and shakers, today’s price mover was Jubilee Holdings Limited emerged as the top gainer after gaining 9.27 percent to end the day at KES 448.00. Standard Group Limited jumped by 5.36 percent to close the day at KES 29.50. Total Kenya Limited advanced by 3.54 percent to settle at KES 19.00. Also, Mumias Sugar Company accelerated by 3.12 percent to end at KES 1.65 and CFC Stanbic Holdings Limited closed at KES 87.00 after adding 2.35 percent.

 On the contrary, Liberty Kenya Holdings Limited emerged as the top loser after dropping 7.65 percent to end the day at KES 19.10. Eveready East Africa Limited closed at KES 2.75 after losing 5.17 percent and Centum Investment Company Limited plunged by 3.80 percent to trade at KES 44.25. NIC Bank Limited declined by 3.25 percent to close at KES 37.25 and I&M Holdings Limited slumped by 3.00 percent with a closing price of KES 97.00.

On foreign exchange market front, the Kenyan Shilling was stronger against US dollar to trade at KES 101.6399 after adding 0.02 percent and appreciated by 0.38 percent to end at KES 155.5378 against the British pound. Kenyan Shillings added 0.13 percent against the Euro to close at KES 112.2606 and appreciated by 0.19 percent against South African rand to trade at KES 7.4276.