- Nearly nine in ten Africans in the UK say they have been turned down for a mortgage
- EAAIF Completes $325M Debt raise to Accelerate Emerging Market Infrastructure
- AFSIC connections unlocked key funding for the Africa College Foundation to provide education for youth in Africa
- US economic uncertainty to spark boom in UK real estate investing
- East Africa’s Real Estate Market Primed for Those Who Know It Best
Kenya Market Watch | May 15th 2015: All Share Index slightly lost 0.05 percent
Nairobi, Kenya (Capital Markets in Africa):- The Nairobi Securities Exchange (NSE 20) rose by 1.00 points to close at 4,980.71 while Nairobi All Share Index went down by 0.09 points (-0.05 percent) to close at 167.73.
On the one hand, the highest market gainer was Total Kenya Limited gaining 6.59 percent to close at KES 24.25, followed by Carbacid Investments rose 5.19 percent to end the day at KES 21.25. Likewise, Olympia Capital Holdings and Eveready East Africa appreciated by 5.15 percent (to close at KES 5.10) and 4.94 percent (to trade at KES 4.25) respectively.
On the other hand, the Longhorn Kenya was the top loser, declining by 8.81 percent to close the day at KES 7.25. Also, Flame Tree Group, Kenya went down by 7.78 percent to close at KES 8.30, Pan Africa Insurance Holdings Limited declined by 7.77 percent to settle at KES 89.00 as well as BOC Kenya Limited plummeted by 7.69 percent with a closing price of KES 120.00.
Looking at market activities, the volume of shares traded rose by 6.42 percent to close at 37.97 million; total turnover on the other hand rose from KES 1.34 billion to KES 1.90 billion. Safaricomm Limited was the largest mover of the day with a volume of 9.94 million. It is followed by Equity Group Holdings and then Kenya Commercial Bank with 9.92 million and 4.62 million volumes respectively.