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Daily Market Commentary – 09/04/2019


Faida Research - April 9, 2019 - 0 comments

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Market turnover rose today by 10.34% to close at 596Mn from yesterday’s close of 541Mn. The turnover was buoyed by high activity on Safaricom, KCB Bank Plc and East African Breweries Plc with 10Mn, 4Mn and 395,000 shares exchanging hands respectively as at close of trading today. Market volume however dropped to 17Mn against yesterday’s 27Mn.

The All share index and the NSE20 index both dropped by 0.85 and 20.10 points to close the day at 158.39 and 2824.54 points respectively.

The Shilling remained relatively stable, showing slow strengths to close at 100.64 against the dollar.

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