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Daily Market Commentary – 15/03/2019


Faida Research - March 15, 2019 - 0 comments

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High court ruling made yesterday with regards to the interest rate capping brought activities to the banking stocks, KCB and Equity Bank jointly made a 1Bn turnover, pushing market turnover to close the week at 1.45Bn up from yesterday’s 0.5Bn. Market volume increased as well, with 37Mn shares exchanging hands, up from 31Mn recorded yesterday.

The All share index and the NSE20 share index were both up 2.63 and 27.23 to close at 158.07 and 2896.04points respectively.

The Shilling remained relatively stable against the dollar today to close today at 100.24.

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