Kenya Equity Watch | 15 July 2015: Kenya equity added KES 887 million and All share index 4bps up

Nairobi, Kenya (Capital Markets in Africa):- The market capitalization added about KES 887 million (about 0.04  percent) to close at KES  2,218.39 billion relative to market capitalization of KES 2,217.54 billion recorded at previous trading session.

The Nairobi Securities Exchange (NSE20) index plunged by 2.01 points or 0.04 percent to close at 4,690.16 points but Nairobi All Share Index added 0.06 points or 0.04 percent to settle at 158.45. The FTSE NSE 15 index and FTSE NSE 25 index lost 0.51 percent to end at 208.19 points and 0.49 percent to settle at 207.41 respectively.

The volume of shares traded soared by 172.07 percent to close at 83.07 million. Total turnover rose 502.38 percent to close at KES 3,320.37 million. Equity Group was the largest mover of the day with a turnover of KES 2,132.44 million representing 64.22 percent of total market turnover. . Safaricom was the second largest actively traded stocks with a turnover of KES 358.339 million accounted for about 11 percent of total market turnover. Centum Investment Kenya recorded a turnover of KES 264.227 million and British-American Tobacco Kenya registered KES 203.573 million. In term of type of investor, foreign buys stood at 21.19 percent of total turnover, while foreign sales stood at 74.00 percent of total turnover.

From the market price movers’ viewpoint, TRANS CENTURY Kenya was the highest market gainer advancing by 8.59 percent to close the day at KES 15.80 on 1500 stocks. KAPCHOUA TEA Kenya grew by 7.34 percent to close the day at KES 190.00 and British American Tobacco Kenya rose by 7.20 percent to settle at KES 804.00. Similarly, CAR & General and Equity Group added 6.21 percent to end at KES 47.00 and 5.00 percent with closing price of KES 47.25 respectively.

On the other hand, CARBACID Kenya was the top loser, falling by 4.72 percent to close the day at KES 16.90. Also, Housing Finance end at KES 25.25 after falling by 4.49 percent. On the same trend, BRITAM Kenya and Williamson Tea plummeted by 4.28 percent and 4.13 percent to end at KES 17.00 and KES 380.00 respectively.

On currency market front, Kenyan Shilling gained against US dollar by 0.24 percent to trade at KES 101.56 and against Euro rose by 0.54 percent to close at KES 111.66. But, the Kenyan Shilling appreciated against the British pound to close at KES 158.79, by losing 0.67 percent and declined by 0.56 percent against South African rand to trade at KES 8.22.