Kenya Equity Watch | 07 Aug 2015: Positive atmosphere maintains, market cap US$558 million

Nairobi, Kenya (Capital Markets in Africa) — Positive atmosphere was maintained by the Kenya equities market at the end of today’s trading session. The market capitalization increased by 2.76 percent or KES 56.51 billion (almost US$558 million) to end at KES 2,107 billion relative to market capitalization of KES 2,050 billion recorded at previous trading session.

T he Nairobi Securities Exchange (NSE20) index climbed by 64.39 points or 1.48 percent to close at 4,415.09 points and the Nairobi All Share Index advanced by 4.02 points or 2.75 percent to settle at 150.45 points. The FTSE NSE 15 index and FTSE NSE 25 index remained flat at 190.31 points and 188.92 respectively.

Today’s price mover was Housing Finance Company Limited which emerged as the top gainer after adding 8.33 percent to end the day at KES 22.75. Eveready East Africa Limited climbed by 8.33 percent to close the day at KES 3.90. Equity Bank Limited advanced by 8.13 percent to settle at KES 43.25. Similarly, KCB Group and Scan Group Limited accelerated by 7.07 percent to settle at KES 49.25 and 4.83 percent to settle at KES 38.00 respectively.

On the contrary the price slacker was Sameer Africa Limited emerged as the top loser after losing 7.07 percent to end the day at KES 4.60. Likewise, Car and General Limited traded at KES 42.00 by losing 6.15 percent and UNGA Group tumbled by 5.88 percent to trade at KES 40.00. Umeme Limited also declined by 3.06 percent to end at KES 17.40 as well as Flame Tree Group Housing Finance somersaulted by2.78 percent to end at KES 7.00.