Kenya Equity Markets | 11 Nov 2015: The Bull ride on, All-share index 1.26% higher, NSE20 index gains 0.81 …

Nairobi, Kenya Capital Markets in Africa — The bullish mood stayed on for another day, the equity market capitalization ended at KES 2,013 billion after adding KES 25.02 billion (c.US$244.5 million) or 1.26 percent from the market capitalization of KES 1,988 billion recorded at the previous trading session.

The Nairobi All Share Index rose by 1.26 percent or 1.78 points to end at 143.12 points and the Nairobi Securities Exchange (NSE20) index added 31.57 points or 0.81 percent to close at 3,919.10 points. NSE 25 index ended at 4,119.25 after gained 0.66 percent or 27.18 points. The FTSE NSE 15 index and FTSE NSE 25 added 0.98 percent to close at 184.50 and rose by 1.59 percent or 1.59 points to end at 184.29 points respectively.

Today’s market volume of shares traded today was 12.51 million, valued at KES 313.89 million down. In term of investor types, foreign buys stood at 45.66 percent of total turnover, while foreign sales East Africa Breweries Limited was the largest mover of the day with a turnover of KES 73.76 million representing 23.50 percent of the total market turnover.   Other most actively traded stocks were SAFARICOM Limited recorded KES 71.097 million; Kenya Commercial Bank Limited registered KES 45.895 million, Equity Group Limited registered KES34.100 million and Co-Operative Bank of Kenya Limited ended with a turnover of KES 30.979 million.

From the market movers and shakers, today’s price mover was Umeme Limited emerged as the top gainer after gaining 9.94 percent to end the day at KES 18.80. Atlas Development & Support Services rose by 9.68 percent to close the day at KES3.40. Centum Investment Company Limited added 5.56 percent to settle at KES 42.75. Also, Olympia Capital Holdings rose by 4.71 percent to trade at KES 4.45 and British-American Tobacco Limited ended at KES 790.00 after adding by 3.81 percent.

 In the negative district, Eaagard Limited emerged as the top loser after falling by 7.41 percent to close the day at KES 25.00. B.O.C Kenya Limited traded at KES 100.00 after dropping 3.85 percent and Nairobi Securities Exchange sagged by 3.81 percent to trade at KES 25.25. Carbacid Investments Limited faltered by 3.49 percent to close at KES 15.20 and Mumias Sugar Limited slipped by 3.23 percent with a closing price of KES 1.50.

On foreign exchange market front, the Kenyan Shilling was weaker against US dollar to trade at KES 102.2474 after marginally fell by 0.003 percent but fell by 0.16 percent to end at KES 154.4936 against the British pound. Kenyan Shillings gained 0.50 percent against the Euro to close at KES 109.2903 and lost 0.003 percent against South African rand to trade at KES 7.1359.

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