NSE Market Report 24/11/2015
Turnover on the bourse was KES 801.86 Million. All share Index gained 0.54 points to close at 143.47 points. NSE 20 Index went up by 21.62 points to close at 4,016.18 points.
Gainers
| Counter | Price | % Change |
| PORT | 45.50 | 9.64 |
| SGL | 31.50 | 9.57 |
| EVRD | 2.90 | 5.45 |
| WTK | 356.00 | 4.40 |
| HAFR | 1.40 | 3.70 |
Losers
| Counter | Price | % Change |
| UCHUM | 7.25 | 9.94 |
| FAHR-I | 21.50 | 9.47 |
| ADSS | 2.15 | 8.51 |
| TOTL | 17.50 | 4.63 |
| OCH | 4.20 | 4.55 |
Movers
| Counter | Volume | Market Cap. |
| SCOM | 15.52M | 625.02B |
| EQTY | 3.37M | 157.55B |
| KCB | 2.84M | 120.25B |
| COOP | 2.16M | 88.01B |
| MSC | 1.11M | 2.45B |
SCOM accounted for 53.4% of the traded volume. 15.5 Million Shares were traded. 182 deals were executed. It closed at KES 15.60 per share.
Market News Today
-Uchumi Supermarkets swung to a loss after tax of 3.2 billion shillings ($31.37 million) for its year ended June from a profit of 491 million shillings in the previous period. Uchumi lost 9.94% to close at KES 7.25
-Kenya is still open to foreign investment in its banking industry despite a moratorium imposed on issuing new licenses, central bank Governor Patrick Njoroge said. Read Story
-Carol Musyoka Resigns from Transcentury Board as New Kenya Airways Chairman and Former Kenya Revenue Authority Commissioner general are appointed to the board in the capacities of Non Executive Directors. Read story
-BOC Kenya Ltd has appointed a south African to its Board https://kenyanwallstreet.com/boc-kenya-appoints-a-south-african-to-the-board
FAHARI I-REIT
The Fahari I-Reit lost 9.47% to close at 21.50. This follows after IFC reduced their investment to avoid breaching its rules after poor market response to the issue. The investment rules of the World Bank’s private financing arm do not allow the institution to own more than one fifth in such ventures.
