Thursday 16 th June Market Commentary
NASI and NSE 25 Share Index advanced 0.55% and 0.29% respectively as NSE 20 Share Index dipped 0.24% to close at 3789.94 points from 3799.16 pulled down by NMG, CIC Insurance and CFC Stanbic who dropped 4.38%, 4.21% and 2.94% to lead 8 dropping companies as compared to 8 gainers.
Safaricom on Thursday’s trading session touched an all time of Ksh 19.00. The counter was the biggest mover accounting for 84.46% of total volume.
Williamson Tea announced a KES 0.74Billion profit from a loss of KES 0.23Billion in 2014. Turnover advanced by 30.71% to KES 3.89Billion from KES 2.59Billion. Profit from operations increased by 178.40% to KES 0.54Billion from KES 0.19Billion in 2014. The board recommended a KES 20 dividend per share.
91-Day T-Bill:
The yield on Kenya’s 91-day Treasury bill edged down to 7.161 percent at auction from 7.303 percent last week, the central bank said on Thursday.
The bank received nearly twice the 4.0 billion Kenyan shillings it offered and accepted 4.6 billion shillings, it said.
Source; NSE Kenya, Kenyan Wallstreet, Reuters, Sterling
