Market Report On 7th Jan 2016

Daily Stock & Forex Market Report

  • Stock Market

    Market turnover at the Nairobi Securities Exchange went up 0.78% to KES 341.91Million (USD 3.34mn) of which Equity Bank and KCB Bank jointly accounted for 57.5% of total market turnover.

    The Benchmark NSE 20 and NASI index declined 0.14% and 0.05% respectively to stand at 4,003.11 and 146.74.NSE 20.png

  • Top Gainers
  • SecurityYesterdayCurrentChange% ChangeHighLow
    Express4.504.95+0.4510.00%4.954.95
    Sasini17.0518.75+1.709.97%18.7518.75
    EA Breweries279.00298.00+19.006.81%300.00281.00
    EA Portland Cement46.0048.25+2.254.89%50.0048.00
    Kapchorua Tea225.00234.00+9.004.00%240.00225.00
  • Top Losers
  •                                                    Yest.    Current  Change  %Change  High    Low
    CFC Insurance Holdings19.9518.50-1.45-7.27%18.7518.50
    Eaagads25.0023.00-2.00-8.00%23.0023.00
    Standard Group30.7528.25-2.50-8.13%28.2528.25
    CFC Stanbic89.0081.00-8.00-8.99%82.0081.00
    Home Afrika Ltd2.051.85-0.20-9.76%1.851.85

    Foreign investors were net buyers accounting for 81.13% of total market purchases and 59.96% of market sales as Equity Bank registered the highest net foreign inflows,Barclays & Co-op recording net foreign outflows.

  • Highlights

  • Home Afrika extended losses for the 4th consecutive day to close at KES 1.85 losing over 40% value in 4 days.HAFR.png

  • Kenya Airways closed at a ksh 4.80 which is below its par value of Ksh 5KQ.png

  • EAC Markets

  • Uganda: The USE ALSI and USE LSI declined 0.2% and 0.3% respectively to close at 1,813.91 and  423.23.

  • Rwanda: The USE RSI and RSE ALSI remained constant to close at 146.89 and 130.61.

Kenyan Shilling Performance

  • Against the US Dollar, the Kenyan Shilling strengthened 0.05% year-to-date.  KES.png

  • Against the Sterling Pound, the Kenyan Shilling strengthened 1.38% year-to-date.  

  • Against the Euro, the Kenyan Shilling strengthened 1.73% year-to-date. 

Stories of the Day- Market News

Sources; NSE,CBK,NSE BROKERS,Kenyanwallstreet & wazua

Africa Sokoni