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Daily Market Commentary – 10/04/2019


Faida Research - April 10, 2019 - 0 comments

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Market turnover rose for the second day consecutively today by 27.00% to close at 758Mn from yesterday’s close of 596Mn. The turnover was buoyed by high activity on Safaricom Plc, Equity Bank Plc and Kenya Commercial Bank respectively having 10Mn, 4.73Mn and 1.6Mn exchanging hands as at close of trading today. Market volume however rose from to 19Mn against yesterday’s 17Mn.

The NSE All share index dropped by 0.19 while the NSE20 share index rose by 11.62 points to close the day at 158.20 and 2836.16 points respectively.

The Shilling remained relatively stable, showing slow strengths to close at 100.84 against the dollar.

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