A solid day to end the week in Nairobi with turnover amounting to $11m as foreigners (71.2%) dominated proceedings. KNCB was very active thanks to a large cross early on (foreign both sides) as a total of 7.7m shares traded over the day. EABL (-0.3%) closed lower as foreigners dominating both sides of the name with 481k shares changing hands in the brewer. EQBNK was very strong and gained +2.5% on the back of local buying while Safcom (+0.9%) also closed higher on local demand.
Indices closed the session in positive territory. MCBG traded a total of 241k shares closing off strong at Rs198.50 (+0.3%). SBM closed the session flat at Rs0.98 after trading 12.6m shares. Total turnover was mainly geared towards MCBG and NMH- accounting 79.8%. NMH traded 1.3m shares as the counter closed up by 4.7% at Rs67.00.
A rather average end to the week ahead of the general elections over the weekend as turnover amounted to $22.3m with some crosses in the likes of Zenith ($3.32m), GTB ($3.07m), UBA ($3.02m) and NB ($2.42m). Banks had a very good day as the sector gained +3.58% with good performances from GTB (+5.00%), Zenith (+4.54%) and Access (+4.25%). Consumers (+0.75%) also closed higher thanks to Unilever (+4.99%) and Dangote Flour (+1.09%).
Please note that the index figure above is correct at the time of writing.
The market closed the week off on a quiet note. Econet was the only counter which made a significant contribution- 94% of total turnover. The counter traded a total of 718k shares to close at 51c, apart from this the market saw thin trades.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
11.95 |
-3.44 |
Nigeria |
NGN |
199.05 |
-7.84 |
Kenya |
KES |
92.15 |
-1.74 |
Mauritius |
MUR |
36.50 |
-13.01 |
Botswana |
BWP |
9.88 |
-3.43 |
Tanzania |
TZS |
1848.20 |
-6.32 |
Uganda |
UGX |
2975.00 |
-6.70 |
Rwanda |
RWF |
700.16 |
-1.48 |
Ghana |
GHS |
3.82 |
-15.77 |
BRVM |
XOF |
604.77 |
-10.37 |
Egypt |
EGP |
7.58 |
-5.64 |
Morocco |
MAD |
9.87 |
-8.06 |
Tunisia |
TND |
1.94 |
-4.28 |