Kenya Market Watch | May 25th 2015: Kenya market cap down 0.48%, Indices down.

Nairobi, Kenya (Capital Markets in Africa):- The Nairobi Securities Exchange (NSE20) index declined by 21.34 point to 4,858.61 points and Nairobi All Share Index lost 0.78 points to close at 164.14. Likewise, the FTSE NSE 25 and FTSE NSE 15 indices went down by 3.56 points and 3.44 points to close the day at 218.62 and 218.12 points respectively. At the same time, the market capitalization declined 0.48 percent to close at KES 2,295.93 billion.

Looking at the market activities, SAMEER BREWERIES Kenya and FLAME TREE Kenya surged by 3.77 percent each to close at KES 5.50 and EGP 8.25 percent to become today trading sessions’ top gainers. It is followed by PAN AFRICA Kenya which increased by 1.36 percent to end the day at KES 74.50 on 7,700 traded shares. Likewise, BRITISH-AMERICAN TOBACCO Kenya and LIBERTY Kenya went up by 1.16 percent (to close at KES 21.75 on 136,000 traded shares) and 1.02 percent (to trade at KES 24.75 and volume recorded at 54,900) respectively.

On the other hand, STANDARD CHARTERED Kenya emerged the top loser, went down by 4.06 percent to close the day at KES 307.00. Also, LONGHORN Kenya went down by 4.05 percent to close at KES 7.10 on 171,800 traded volumes. EVEREADY declined by 3.45 percent to settle at KES 4.20 as well as SASINI Kenya plummeted by 2.82 percent with a closing price of KES 15.50.

Furthermore, the volume of shares traded edged up by 0.02 percent to close at 19.51mn. Total turnover also gained 38.42 percent to close at KES 715.72 million. East Africa Breweries was the largest mover of the day with a turnover of KES 227.22 million representing 31.75 percent of total market turnover.

On a final note, foreign buys stood at 46.06 percent of total turnover, while foreign sales stood at 72.56 percent of total turnover.