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Daily Market Commentary – 02/04/2019


Faida Research - April 2, 2019 - 0 comments

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Buoyed by Equity Bank, Safaricom and KCB Bank, market turnover rose to 1.2Bn with a 228.70% rise from yesterday’s turnover of 369Mn. Market volume rose by 181% to close with 32Mn shares exchanging hands as compared to yesterday’s 12Mn. Equity Bank Plc and Safaricom Plc recorded highest activities with 12.5Mn and 12.1Mn shares traded as at close of trading today.

The All share index and the NSE20 index rose by 0.75 and 10.97 points to close at 159.76 and 2860.56 points respectively. The Shilling marginally lost against the dollar today to close today at 100.84.

UAP Old Mutual Group Kenya released their results before market opened today.

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