Kenya Market Watch | May 29th 2015: Kenyan equity gains KES 10billion but NSE20 index down

Nairobi, Kenya (Capital Markets in Africa):- The Nairobi Securities Exchange (NSE20) index continued in the bearish mood and plummeted by 19.15 points (-0.40 percent) to 4,786.74 points but Nairobi All Share Index gained 0.67 points (0.41 percent) to close at 162.13. However, the FTSE NSE 25 and FTSE NSE 15 indices fell by 3.32 points (-1.50 percent) and 3.32 points (-1.40 percent) to close the day at 217.85 and 217.43 points respectively. The market capitalization gained almost KES 9.3 billion to close at KES 2,267.71 billion.

Looking at the market activities, the volume of shares traded gained by 140 percent to close at 58.26 million. Total turnover declined by 181 percent to close at KES 2,034.20 billion.

From the market price gainers angle, Eveready East Africa Limited emerged the top gainer, advancing by 7.27 percent to close the day at KES 4.45. It followed by Flame Tree Group Holdings Limited Kenya and TOTAL Kenya surged by 6.75 percent (to close at KES 8.70) and 5.62 percent (with closing price of KES 23.50) respectively. Among the gainers were BRITISH AMERICAN TOBACCO and NATIONAL BANK FOR KENYA added 4.61 percent and 2.44 percent to close the day at KES 772.00 and KES 21.00 in that order. On the losers’ league were CAR & GENERAL Kenya, KAKUZI Kenya, B.O.C Kenya and SASINI Limited Kenya went down 9.78 percent at KES 41.50, 7.46 percent at KES 273.00, 6.98 percent at KES 120.00, and 6.12 percent to close at KES 15.35 respectively.