Kenya Market Watch | June 2nd 2015: Kenyan equity market end in mixed mood…

Nairobi, Kenya (Capital Markets in Africa):- The Nairobi Securities Exchange (NSE20) index  plummeted by 29.92 points to 4,816.66 points but Nairobi All Share Index gained 2.12 points to close at 164.25. However, the FTSE NSE 25 and FTSE NSE 15 indices remained unchanged to close the day at 218.46 and 218.09 points respectively. The market capitalization was recorded at KES 2,297.46 billion.

Looking at the market activities, total volume of shares traded dropped by 67.63 percent to close at 18.86mn.Total turnover declined by 61.96 percent to close at KES 773.92 million. BAT Kenya was the largest mover of the day with a turnover of KES 158.73 million representing 27.50 percent of total market turnover. On the same note, foreign investor buys stood at 69.64 percent of total turnover, while foreign sales stood at 69.64 percent of total turnover.

From the market price gainers angle, KAKUZI emerged the top gainer, advancing by 9.89 percent to close the day at KES 300.00 on a volume of 1,600. It followed by CFC STANBIC Kenya and then SASINI Kenya surged by 8.74 percent to close at KES 112.00 and 6.19 percent with closing price of KES 16.30 respectively. Among the gainers were also EVEREADY and SAFARICOM added 4.49 percent and 4.10 percent to close the day at KES 4.65 and KES 16.50 respectively. On the losers’ league were JUBILEE Kenya, PAN AFRICA Kenya, SAMEER Kenya and SCANGROUP  Kenya went down 7.49 percent at KES 531.00 on 900 traded shares, 6.25 percent at KES 75.00 on 3.700 traded shares, 5.88 percent at KES 4.80 on 632,400 traded shares, and 4.30 percent to close at KES 289.00 respectively.

On the final note, Kenyan Shilling appreciated against major traded currencies today. The Shilling appreciated against US Dollar (0.24 percent), British Pound (1.05 percent), South African Rand (1.24 percent) and Euro (0.45 percent). Also, Kenya Shilling appreciated against both Ugandan Shilling and Tanzanian Shilling by 0.73 percent and 1.68 percent respectively as well as against Rwandan Franc by 0.53 percent.