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Daily Market Commentary – 11/04/2019


Faida Research - April 11, 2019 - 0 comments

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Market turnover rapidly dropped today by -74.60% to close at 192Mn from yesterday’s close of 758Mn. Market Volume dropped as well, to 7Mn against yesterday’s 19Mn. Safaricom Plc, Equity Bank and Centum Investments were the most actively traded counters, with 3.3Mn, 742,900 and 546,800 shares exchanging hands respectively.

The NSE All share index and the NSE20 share index rose by 0.09 and 82.65 points to close the day at 158.29 and 2918.81 points respectively.

The Shilling remained relatively stable, showing slow strengths to close at 101.09 against the dollar.

WPP ScanGroup announced their FY2018 results before market opened. The results prompted a 71.37% share price appreciation.

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