Equity Market Commentary
The All Share Index (NASI) increased by 0.04% w-o-w to close the week at 129.89, similarly the NSE 20 decreased by 0.7% w-o-w to close the week at 1,699.83 Equally, Equity turnover decreased by 45% to KES 2.32 billion, similar to the volume traded which increased by 37% to 69 million.
Market Indices Performance
Index | This Week | Previous Week | Weekly Change % | YTD Change % |
NASI | 129.89 | 129.84 | 0.04% | (22.0%) |
NSE 20 | 1,699.83 | 1,687.81 | 0.7% | (10.7%) |
NSE 25 | 3,066.15 | 3,066.72 | (0.02%) | (18.1%) |
Source: NSE
Equities Performance
Top Gainers | Previous Price (KES) | Current
Price (KES) |
Weekly Change % | YTD Change | |
1 | NBV | 3.2 | 4.37 | 36.56% | -27.89% |
2 | Scan group | 2.98 | 3.52 | 18.12% | 20.09% |
3 | STANLIB | 5.34 | 5.98 | 11.99% | -4.47% |
4 | Uchumi | 0.18 | 0.2 | 11.11% | -16.67% |
5 | DTB | 50 | 55 | 10.00% | -7.56% |
Source: NSE and Faida Investment Bank Analysis
Top Losers | Previous Price (KES) | Current
Price (KES) |
Weekly Change | YTD Change % | |
1 | Co-operative | 11.95 | 10.95 | -8.37% | -15.44% |
2 | Bamburi | 35.15 | 32.3 | -8.11% | -15.00% |
3 | Home Afrika | 0.34 | 0.32 | -5.88% | -20.00% |
4 | Stanbic | 108 | 104 | -3.70% | 19.20% |
5 | Unga | 30 | 29 | -3.33% | 33.54% |
Source: NSE and Faida Investment Bank Analysis
Movers | Previous Price (KES) | Current
Price (KES) |
Turnover (KES Mn) | |
1. | Safaricom | 26.25 | 26.20 | 977.86 |
2. | Equity | 44.00 | 45.5 | 697.15 |
3. | Gold ETF | 2135.00 | 2135.00 | 272.00 |
4. | KCB | 38.00 | 38.70 | 174.08 |
5. | EABL | 139.75 | 141.00 | 88.15 |
Source: NSE and Faida Investment Bank Analysis