Market Report - 26th February 2021
Market Commentary: The All Share Index eased by 0.1% w/w to close the week at 165.39. The NSE 20 Share Index however edged up by 1.4% w/w to close at 1,915.68 as…
Investment Recommendation Report - Kenya RE
We assign a HOLD recommendation on Kenya Re. The counter is currently trading at a trailing P/B multiple of 0.09x (at a price of KES 2.49 as at 26th February 2021)…
Market Report - 19th February 2021
Market Commentary: The All Share Index gained by 0.9% w-o-w to close at 165.55. The NSE 20 Index however declined by 0.1% w-o-w to 1,888.47. Market turnover and…
Investment Recommendation Report - Kenya Re
We assign a HOLD recommendation on Kenya Re. The counter is currently trading at a trailing P/B multiple of 0.09x (at a price of KES 2.48 as at 19th February 2021)…
Market Report - 12th February 2021
Market Commentary: The All Share Index and NSE 20 Indices gained 4.4% and 1.3% w/w to close the week at 164.02 and 1,889.77 respectively mainly attributed to gains…
Investment Recommendation Report - Kenya Re
We assign a HOLD recommendation on Kenya Re. The counter is currently trading at a trailing P/B multiple of 0.09x (at a price of KES 2.46 as at 12th February 2021)…
Market Report - 5th February 2021
Market Commentary: The All Share Index gained by 1.0% w-o-w to 157.11. NSE 20 however eased by 0.8% w-o-w to 1,865.93 as the constituent counters witnessed price…
Investment Recommendation Report - Kenya Re
We assign a HOLD recommendation on Kenya Re. The counter is currently trading at a trailing P/B multiple of 0.09x (at a price of KES 2.43 as at 5th February 2021)…
Market Report - 29th January 2020
Market Commentary: The All Share Index edged up by 0.5% w/w while the NSE 20 Share Index eased by 0.3% w/w to close the week at 155.59 and 1,881.91 respectively.…
Investment Recommendation Report - Kenya Re
We assign a HOLD recommendation on Kenya Re. The counter is currently trading at a trailing P/B multiple of 0.09x (at a price of KES 2.47 as at 29th January 2021)…
Investment Recommendation Report - KenGen
We recommend a LONG-TERM BUY on KenGen. The counter is currently trading at a trailing P/E multiple of 3.87x (at a price of KES 4.64 as at 22nd January 2021). KenGen…
Market Report - 22nd January 2021
Market Commentary: The All Share Index and NSE 20 Share Index eased by 2.1% and 1.7% w-o-w to close the week at 154.84 and 1,887.23 respectively. Market turnover…
Market Report - 15th January 2020
Market Commentary: The All Share gained 2.6% w-o-w to close the week at 158.19 mainly attributed to price gains in Safaricom (62.0% of the week’s traded value).…
Investment Recommendation Report - Kenya Re
We assign a HOLD recommendation on Kenya Re. The counter is currently trading at a trailing P/B multiple of 0.09x (at a price of KES 2.64 as at 15th January 2021)…
Market Report - 8th January 2021
Market Commentary: The All Share and NSE 20 Indices gained 1.4% and 1.5% w-o-w to close the week at 154.18 and 1,896.46 characterized by an increase in overall market…
Investment Recommendation Report - KenGen
We recommend a LONG-TERM BUY on KenGen. The counter is currently trading at a trailing P/E multiple of 3.83x (at a price of KES 4.60 as at 8th January 2021). KenGen…
Market Report - 31st December 2020
Market Commentary: The All Share and NSE 20 Indices gained by 1.3% and 1.6% w-o-w to close the week at 152.11 and 1,868.39 respectively. Market turnover declined…
Investment Recommendation Report - Kenya Re
We assign a HOLD recommendation on Kenya Re. The counter is currently trading at a trailing P/B multiple of 0.08x (at a price of KES 2.32 as at 31st December 2020)…
Market Report - 24th December 2020
Market Commentary: The All Share and NSE 20 Indices gained by 1.4% and 2.4% w-o-w (4 day trading week) to close the week at 150.18 and 1,839.51 respectively. Market…
Investment Recommendation Report - KenGen
We recommend a LONG-TERM BUY on KenGen. The counter is currently trading at a trailing P/E multiple of 3.91x (at a price of KES 4.69 as at 24th December 2020). KenGen…
Market Report - 18th December 2020
Market Commentary: The All Share and NSE 20 Indices gained by 0.6% and 0.2% w-o-w to close the week at 148.04 and 1,796.88 respectively. This was mainly due to Safaricom…
Investment Recommendation Report - Kenya Re
We assign a HOLD recommendation on Kenya Re. The counter is currently trading at a trailing P/B multiple of 0.08x (at a price of KES 2.25 as at 18th December 2020)…
Market Report - 11th December 2020
Market Commentary: The All-Share Index eased by 0.7% w-o-w to close the week at 147.12We attribute this to profit taking activities on Safaricom whose price fell…
Investment Recommendation Report - KENGEN
We recommend a LONG-TERM BUY on KenGen. The counter is currently trading at a trailing P/E multiple of 3.84x (at a price of KES 4.16 as at 11th December 2020). KenGen…