Kenya Equity Markets | 29 Sep 2015 : Kenya’s Equity Shareholders value wipe out by US$165 Million …

Nairobi, Kenya Capital Markets in Africa — Nairobi Securities Exchange equity markets capitalization closed  at KES 2,060 billion after losing KES 17.36 billion (c.US$165 million) or 0.84 percent from the market capitalization of KES 2,077 billion recorded at previous trading session.

The Nairobi All Share Index slipped by 0.84 percent or 1.12 points to end at 146.86 points and the Nairobi Securities Exchange (NSE20) index declined by 16.93 points or 0.40 percent to close at 4,189.22 points. The FTSE NSE 15 index and FTSE NSE 25 fell by 1.43 percent to end at 193.20 and sagged by 1.49 percent or 2.92 points at 193.13 points respectively.

Look at today’s market activities, volume of shares traded rose by 32.21 percent to close at 26.55 million and total turnover also went up 50.06 percent to close at KES 602.01 million. Also, foreign buys stood at 75.00 percent of total turnover, while foreign sales stood at 48.73 percent of total turnover.

Safaricom Kenya Limited was the largest mover of the day with a turnover of KES 206.358 million representing 34.26 percent of the total market turnover. Other most actively traded stocks were Kenya Commercial Bank recorded KES 78.878 million; East Africa Breweries Limited had KES 76.685 million, Kenya Re-Insurance registered KES 55.351 million and Diamond Trust ended with a turnover of KES 46.400 million.

From the market movers and shakers, today’s price mover was TPS Eastern Africa emerged as the top gainer by adding 7.08 percent to end the day at KES 30.23. B.O.C Kenya Limited added 6.96 percent to close the day at KES 123.00. SASINI Limited soared by 3.15 percent to settle at KES 16.35. Athi River Mining surged by 2.98 percent to end at KES 43.25 and Uchumi Supermarket Limited closed at KES 10.40 after adding 2.97 percent.

 On the losers’ chart, KAKUZI Limited top the loser table by dropping 9.62 percent to end the day at KES 310.00. Express Limited settled at KES 4.20 after sagging by 8.70 percent and East Africa Portland Cement slipped by 5.66 percent to trade at KES 50.00. Total Kenya Limited plummeted by 5.20 percent to end at KES 18.75 and Atlas Development & Support Services slumped by 3.75 percent with a closing price of KES 3.85.

On foreign exchange market front, the Kenyan Shilling depreciated by 0.03 percent against US dollar to trade at KES 105.27 but appreciated by 0.08 percent to end at KES 159.72 against British pound. Kenyan Shillings lost 0.76 percent against the Euro to close at KES 118.48 but gained by 1.68 percent against South African rand to trade at KES 7.46.

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