NSE
Equity Market
NSE All Share Index (NASI) went down 2.72 points to close at 142.93. NSE 20 Share Index went down by 50.16 points and crossed the 4,000 point mark to close at 3,994.56.
Market Turnover KES 381.309 Million. 1,329 deals executed.
Gainers
| Counter | Price | % Change |
| XPRS | 4.40 | 10.00 |
| PORT | 44.00 | 10.00 |
| NBK | 17.00 | 9.68 |
| FIRE | 3.75 | 5.63 |
| UNGA | 37.75 | 4.14 |
Losers
| Counter | Price | % Change |
| ADSS | 2.30 | 8.00 |
| CFC | 83.00 | 7.78 |
| UCHUM | 7.80 | 7.69 |
| SCBK | 208.00 | 6.73 |
| HFCK | 22.00 | 5.38 |
Heavily Traded Counters
| Counter | Volume | Market Cap. |
| SCOM | 4.64M | 625.02B |
| EQTY | 2.47M | 156.61B |
| HAFR | 0.689M | 0.567B |
| KCB | 0.398M | 125.54B |
| MSC | 0.369M | 2.45B |
NBK gained 9.68% after announcing an increase in profits. 31,200 shares were traded.
Atlas still continues its downward trend and closed at KES 2.30. 144,000 shares were traded.
Safaricom closed at KES 15.60, 12.85 % below its 52-week high of 17.90, set on May 06, 2015. It accounted for 40.4% of the total shares traded. The trend has reversed as the announcement frenzy has cooled down.
Fixed Income
Implied Yield Curve
Market News
National Bank of Kenya
NBK announced its Q3 2015 financials for the period ended 30 September 2015, brief analysis below:
- For the nine months ended 30 September 2015, National Bank of Kenya Limited total interest income increased by 27.7% to KES9.75B.
- Net interest income increased by 15% to KES 5.697B. Loan loss provision KES 586M.
- Value of government securities held to maturity fell by 11.9% to KES 23B this due to the demand of short term high interest gov’t securities.
- Profit before Tax and Exceptional Items went up by 79.5%.
- EPS went up by 120.5% to KES 8.05.
- Cash and cash equivalents are negative KES 1.647B as at 30 September 2015.
- No interim dividend was declared.
CFC Stanbic Bank
Kenya’s CFC Stanbic announced its’ Q3 2015 financials it reported a 33.6% decline in Q3 profits after tax attributed to decline in non-interest income.
The lender has recorded KES 2.7 Billion Q3 Profit after Tax against last year’s Q3 Profits of KES 4.1 Billion.
Loan book grew by KES 18 Billion to KES 104 Billion
Interest income up by 20% to KES 8.6 Billion.
Non-interest income was down to KES 4.8 Billion compared to 2014’s 6.2 Billion.
Customer deposits grew by KES 14 Billion to KES 113 Billion.
Interest expenses up by 68%
Uchumi Supermarkets
Uchumi Supermarkets made a loss after tax of KES 3.2 Billion for its year ended June from a profit of 491 million shillings in the previous period.
Uchumi’s new management has been working on a turnaround plan to return the business to profit.
