Kenya Equity Markets | 10 Nov 2015: Positive sentiment extends for the second trading, All-Share index 0.50% higher …

Nairobi, Kenya Capital Markets in Africa — Positive sentiment extended for the second trading session, the equity market capitalization closed at KES 1,988 billion after adding KES 9.89 billion (c.US$96.8 million) or 0.50 percent from the market capitalization of KES 1,978 billion recorded at the previous trading session.

The Nairobi All Share Index surged by 0.50 percent or 0.70 points to end at 141.34 points but the Nairobi Securities Exchange (NSE20) index lost 5.31 points or 0.14 percent to close at 3,887.53 points. NSE 25 index ended at 4,092.07 after gained 0.03 percent or 1.25 points. The FTSE NSE 15 index and FTSE NSE 25 added 1.02 percent to close at 182.71 and rose by 1.17 percent or 1.85 points to end at 182.70 points respectively.

Today’s market volume of shares traded today was 12.85 million, valued at KES 789.20 million up from yesterday’s turnover. In term of investor types, foreign buys stood at 64.18 percent of total turnover, while foreign sales stood at 74.06 percent of total turnover.

CFC Stanbic Holdings Limited was the largest mover of the day with a turnover of KES 323.70mn representing 41.02 percent of the total market turnover.  Other most actively traded stocks were Equity Bank Group Limited recorded KES 162.354 million; SAFARICOM Limited registered KES 100.411 million, Centum Investment Company Limited registered KES 65.808  million and Co-Operative Bank of Kenya Limited closed with a turnover of KES 43.404 million.

From the market movers and shakers, today’s price mover was Atlas Development & Support Services emerged as the top gainer after gaining 8.77 percent to end the day at KES 3.10.B.O.C Kenya Limited soared by 4.00 percent to close the day at KES 104.00. SASINI Limited rose by 3.51 percent to settle at KES 16.20. Also, Carbacid Investment Limited rose by 3.28 percent to trade at KES 15.80 and SAFARICOM Limited closed at KES 15.75 after surging by 2.66 percent.

 In the negative district, Standard Group Limited emerged as the top loser after dropping 7.76 percent to end the day at KES 26.75. Longhorn Kenya Limited traded at KES 4.70 after dropping 4.04 percent and British-American Tobacco Kenya lower by 3.67 percent to trade at KES 755.00. Centum Investment Company Limited faltered by 2.99 percent to close at KES 40.50 and Kenya Commercial Bank Limited sagged by 1.78 percent with a closing price of KES 41.50.

On foreign exchange market front, the Kenyan Shilling was weaker against US dollar to trade at KES 102.2443 after marginally added 0.004 percent but appreciated by 0.04 percent to end at KES 154.2539 against the British pound. Kenyan Shillings gained 1.13 percent against the Euro to close at KES 109.8417 and grew by 2.80 percent against South African rand to trade at KES 7.1357.

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