Yesterday The market improved with the NSE 20 Share Index gathering 3.50 points boosted by 8.89% gain in Barclays Bank that settled at KES 12.25.
NSE 25 Share was up heightened by I&M (+3.03%) and Kengen (2.73%) in addition to BBK. NASI improved buy 0.27% as 45 counters remained stable or gained compared to only 19 counter shrinking.
18.99Million shares were traded (+19.40%) with a large movement in Kengen. Turnover was down 0.36% with EABL, KCB and Safaricom managing 77.54% of the action. The foreign trades were 80.14% with a net buy with influxes in Co-operative Bank, Kengen and DTB.
Highlights
Kenya Power & Lightening Co. Ltd share price yesterday set a new 7-Year low during Thursday’s trading session when it reached 11.50 that was last seen in early 2009.
CfC Stanbic Holdings Ltd (CFCO:NAI) set a new one year low during yesterday’s trading session when it reached 74.00. Over this period, the share price is down 38.00 %.
CBK T-Bills Auction Results
Yields on CBK’s 182 T-Bill climbed to 14.380% from 14.180% while the 364 day T-Bill dropped from 14.919% to 14.488%.CBK bank offered bills worth a total of KES 12Bn and received bids worth KES 21.45Bn. CBK accepted bids worth KES 9.15B.
Subscription was 250% and 107.46% for 182 and 364 day respectively.
