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
  • Security Yesterday Current Change % Change High Low
    Express 4.50 4.95 +0.45 10.00% 4.95 4.95
    Sasini 17.05 18.75 +1.70 9.97% 18.75 18.75
    EA Breweries 279.00 298.00 +19.00 6.81% 300.00 281.00
    EA Portland Cement 46.00 48.25 +2.25 4.89% 50.00 48.00
    Kapchorua Tea 225.00 234.00 +9.00 4.00% 240.00 225.00
  • Top Losers
  •                                                    Yest.    Current  Change  %Change  High    Low
    CFC Insurance Holdings 19.95 18.50 -1.45 -7.27% 18.75 18.50
    Eaagads 25.00 23.00 -2.00 -8.00% 23.00 23.00
    Standard Group 30.75 28.25 -2.50 -8.13% 28.25 28.25
    CFC Stanbic 89.00 81.00 -8.00 -8.99% 82.00 81.00
    Home Afrika Ltd 2.05 1.85 -0.20 -9.76% 1.85 1.85

    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