Kenya Equity Markets | 14 Sep 2015: Kenya equity markets end higher, market cap gains US$190 Mill ….

Nairobi, Kenya Capital Markets in Africa — The equity market capitalization ended at KES 2,072 billion after gaining KES 20 billion (c.US$189.7 million) or 0.97 percent from the market capitalization of KES 2,053 billion recorded at previous trading session.

The Nairobi All Share Index advanced by 0.95 percent or 1.39 points to end at 147.58 points and the Nairobi Securities Exchange (NSE20) index gained 16.87 points or 0.40 percent to close at 4,234.66 points. The FTSE NSE 15 index and FTSE NSE 25 grew by 0.92 percent to end at 194.40 and soared by 1.61 percent at 194.06 points respectively.

Look at today’s market activities, the volume of shares traded declined 33.72 percent to close at 13.507 million and total turnover dropped 138.92 percent to close at KES 398.274 million.

Kenya Commercial Bank was the largest mover of the day with a volume of KES 98.63 million representing 24.76 percent of the total market turnover. Other most actively traded stocks were Safaricom Kenya recorded KES 46.42 million; Equity Group Holdings Limited had KES 46.38 million, Barclays Bank Kenya registered KES 12.74 million and Mumias Sugar Company Limited ended with a turnover of KES 3.02 million.

From the market movers and shakers, today’s price mover was Kakuzi Limited emerged as the top gainer after surging by 11.86 percent to end the day at KES 330.00. Flame Tree Group Holdings Limited soared by 7.69 percent to close the day at KES 7.70. Car & General Kenya Limited added 7.69 percent to settle at KES 42.00. Also, British-American Tobacco Limited rose by 5.26 percent to end at KES 800.00 and Jubilee Holdings Limited closed at KES 514.00 by adding 3.84 percent.

 On the contrary, Crown Berger Limited ended as the top loser after falling by 9.76 percent to end the day at KES 55.50. Standard Group Limited settled at KES 34.50 after crashing by 8.00 percent and Uchumi Supermarket Limited slumped by 5.79 percent to trade at KES 8.95. Home Afrika Limited tumbled by 5.13 percent to close at KES 1.85 and Williamson Tea Kenya sagged by 4.88 percent with a closing price of KES 370.00.

On foreign exchange market front, the Kenyan Shilling strengthen against US dollar to trade at KES 105.2931 after gaining 0.06 percent and rose by 0.18 percent to end at KES 162.3022 against British pound. Kenyan Shillings lost 0.42 percent against the Euro to close at KES 119.1856 and depreciated by 1.05 percent against South African rand to trade at KES 7.7649.

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