Kenya Market Watch | June 18th 2015: Kenya equity market ended in mixed feelings today, NSE20 index up, market cap KES 2.9 billion fall

Nairobi, Kenya (Capital Markets in Africa):- Kenya equity market ended in mixed feelings today. The Nairobi Securities Exchange (NSE20) index edged up by 0.12 percent or 5.84 points to close at 4,796.26 points but Nairobi All Share Index fell by 0.20 percent or 0.20 points to settle at 162.82. Equally, the FTSE NSE 25 and FTSE NSE 15 indices dropped by 0.53 percent to close at 216.53 and 0.59 percent 216.02 points respectively. The market capitalization lost KES 2.89 billion (or 0.13 percent) to close at KES 2,277.38 billion.

Looking at the market activities, the volume of shares traded rose by 599.39 percent to close at 54.5 million and total turnover gained 130.08 percent to close at KES 1,425.63 million. Equity Group was the largest mover of the day with a turnover of KES 525.83 million representing 36.88 percent of total market turnover. Equally, SAFARICOM Kenya was the second largest mover of the day with a turnover of KES 391.626 million accounted for 27 percent of total market turnover. Likewise, CENTUM was the third largest turnover of KES 151.465 million and fourth largest was East African Breweries with turnover recorded at KES 99.540 million. In term of type of investor, foreign buys stood at 42.71 percent of total turnover, while foreign sales stood at 52.92 percent of total turnover.

From the market shakers and laggards’ viewpoint, B.O.C Kenya was the highest market leaders edging up by 5.38 percent to close the day at KES 137. It is follow by SAMEER, by gaining 5.00 percent to close the day at KES 5.25 and FLAME TREE climbed by 4.64 percent to settle at KES 7.90. Equally, CROWN BERGER and SASINI surged by 3.66 percent (to close at KES 170.00) and 2.64 percent (to end at KES 155.55). Conversely, LIBERTY emerged as the top laggard, losing 5.15 percent to close the day at KES 23.00. Also, UCHUMI Supermarket Limited dropped by 3.80 percent to trade at KES 8.85 on 69,400 traded securities. Likewise, EVEREADY and TOTAL Kenya plunged by 2.35 percent and 2.25 percent to end at KES 4.15 and KES 21.75 respectively.

On currency front, Kenyan Shilling depreciated against major trading currencies today. Kenya Shilling depreciated against US Dollar, British Pound, Euro and South African Rand by 0.39 percent to close at KES 97.87, 1.54 percent to end at KES 154.76, 1.19 percent to trade at KES 111.04 and 1.31 percent to settle at KES 7.97 respectively. Conversely, Kenyan Shilling appreciated against Tanzanian Shilling (by 1.02 percent to end KES 33.00), Ugandan Shilling (up by 0.51 percent) and Rwandan Franc (by 1.27 percent to close at KES 7.48)