Kenya Market Watch May 11th 2015: Kenya NSE Index lost 28.23 points…

The Nairobi Security Exchange top 20 (NSE 20) Index declined by 28.23 points to close at 5,042.52 points today. Likewise, the Nairobi All Share Index went down by 0.82 points to close at 170.65 point with total market capitalization at KES 2,387.19 billion.

The market sentiment was negative today (measured as the market breadth: – advancers/decliners ratio) with 17 advancers and 22 decliners.The top market gainer was Crown Berger gaining 9.42 percent to close at KES 151.00, Eaagads Limited Kenya emerged the top loser, shedding 8.33 percent to close the day at KES 33.00.

The volume of shares traded declined by 46.86 percent compared to Friday’s volume to close at 25.99mn, total turnover also dipped by 34.10 percent to close at KES 645.19mn. Equity Group was the overall market mover with a turnover of KES 196.98mn representing 30.53 percent of total market turnover. Foreign buys stood at 53.17 percent of total turnover, while foreign sales stood at 71.45 percent of total turnover.