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Daily Market Commentary – 28/02/2019

Faida Research - March 1, 2019 - 0 comments

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Market turnover increased today by120.15% to 892.81Mn as compared to yesterday’s turnover of 405.55Mn, Safaricom had majority of the activities today with about 13.7Mn shares traded today. The All share index and the NSE 20 share indices shed 2.03 and 38.19 points to close at 152.56 and 2894.20 respectively.

The bond market increased activity today gaining a 5% rise in activity to settle at 2.5Bn as compared to yesterday’s turnover of 2.46Bn.

I&M Bank issued a notice of payment notice on 11th Interest Payment of the I&M Medium Term Note. The Shilling remained relatively stable against the dollar today.

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