Weekly Market Report 23-28 November 2015

Market Report

 

Kenyan Stock Market weekly

23-28th November 2015

– The NSE 20 went up 0.05 percent w/w to close at 3,994.56 while NASI index declined 2.80 percent w/w to close at 142.93.

-Turnover, total volumes traded and total market capitalization stood at KES 2,036.49 million, 63.79 million and KES 2,010.47 Billion respectively at the end of the week.

Top 5 Gainers of the week

Stock % Gain End Price (Ksh)
1. ARM Cement   +14.6% 47.25
2. Nation Media Group +13.2% 154
3. Home Afrika +12.5% 1.35
4. E.A.Portland Cement +8.5% 41.50
5. Flame Tree Group +7.4% 6.50

Top 5 Losers of the week

Stock % Lost End Price(Ksh)
1. Atlas Development -23.0% 2.35
2. Trans-Century -11.5% 10
3. Umeme -9.9% 17.30
4. StanChart Bank -8.1% 205
5. Safaricom -7.8% 15.35

 

EAC Markets

-Uganda: The USE ALSI and USE LSI gained 2.14 percent and 2.27 percent w/w respectively to close at 1,761.71 and 380.85

 -Rwanda:

The RSE ALSI and RSE RSI declined 0.08 percent and 0.50 percent w/w respectively to close at 131.81 and 156.58

Tanzania: The DSEI and DSE TSI lost 0.71 percent and 0.11 percent w/w respectively to close at 4598.47 and 2,369.30

Global markets

-The Standard & Poor’s 500 Index added less than 0.1 percent to 2,089.04.

-The Dow Jones Industrial Average lost 0.2 percent, to 17,786.57,

-The Nasdaq Composite Index rose 0.1 percent.

– The MSCI Asia Pacific Index slipped 0.9 percent to 133.

Asian stocks declined, with a regional gauge heading for a one-week low, as Chinese shares tumbled the most since the depths of this year’s rout as some of the largest brokerages disclosed regulatory probes and the nation’s industrial profits fell.

– European stocks fell Friday, pulling back from three-month highs, with mining shares feeling the weight from the worst rout in Chinese equities since late August. The Stoxx Europe 600 dropped 0.5 percent to 382.42, with nearly all sectors losing ground, led by the basic materials group

MARKET NEWS THIS WEEK…

 

27/11/2015-

Uchumi Supermarkets posts loss after tax of 3.2 Billion shillings

CFC Stanbic Q3 Profits Plunge by 33.6%

National Bank reports a 120% Rise In Q3 Profits,Declares NO Dividend

NMG Analysis; John Kibunga Kimani Now the largest Individual shareholder

Stanlib’s I-Reit Under-subscribed

NIC Bank profits rise by 9.1% to Ksh 3.6 Billion

Competition Authority okays Stanlib To Buy Greenspan Mall for Ksh 2 BN from I-Reit funds

NSE Listed EAAGADS Half-Year Profits Drop by 20.1%

CBK’s 91,182,364 T-Bills & Yield on 5-year Bond all sink at auction

Imperial Bank Shareholders accuse CBK of Delaying Reopening

25/11/205

Kenya’s Standard Charted Bank Q3 Profits Crash by Ksh 2.24 Billion

Kenya’s Wananchi Group appoints Spanish CEO

Kiprono Kittony Quits KEPSA Board

24/11/2015

British Real Estate Firm postpones Listing on NSE’s GEMS till 2016

CBA Bank & Safaricom hunting in Rwanda

UGANDA; A Sanitary products Company Sues Uchumi Supermarkets over uncleared debt of sh 63.4M

TANZANIA; Ex-Uchumi Employees ask President Magufuli to intervene payment of unsettled dues

Safaricom emerges top in Africa ‘employer of choice’ awards

CBK issues a 5 Year Bond to raise Ksh 20 Billion for Budgetary Support

23/11/2015-

Anti-Corruption Court issues a warrant of arrest against EX-Finance Minister David Mwiraria over Anglo Leasing

Kenyan Banks will lose licenses for ‘recycling dirty money’ warns President Uhuru

Diamond Trust Bank Kenya Director Resigns 

MPs publish Bill to control interest rates

Diamond Trust Bank Kenya reports 9-month profit before tax of Ksh 6.91 Billion

ASEA 2015; African Stock Exchanges trying to agree on a single Index