Equity Market Commentary
The All Share Index (NASI) remained flat to close the week at 129.89,compared to the NSE 20,it decreased by 1.4% w-o-w to close the week at 1,676.59 Elsewhere, Equity turnover increased by 74.7% to KES 4.06 billion, different to the volume traded which decreased by 26.6% to 14.7 million.
Market Indices Performance
| Index | This Week | Previous Week | Weekly Change % | YTD Change % |
| NASI | 129.89 | 129.89 | 0.0% | (22.0%) |
| NSE 20 | 1,676.59 | 1,699.83 | (1.4%) | (11.9%) |
| NSE 25 | 3,043.37 | 3,066.15 | (0.7%) | (18.7%) |
Source: NSE
Equities Performance
| Top Gainers | Previous Price (KES) | Current
Price (KES) |
Weekly Change % | YTD Change | |
| 1 | Car & General | 39 | 46 | 17.95% | -51.83% |
| 2 | Olympia | 2.01 | 2.3 | 14.43% | -44.44% |
| 3 | Sameer | 2.6 | 2.93 | 12.69% | 2.45% |
| 4 | Absa | 10.5 | 11.5 | 9.52% | -2.95% |
| 5 | Longhorn | 3.21 | 3.48 | 8.41% | -13.00% |
Source: NSE and Faida Investment Bank Analysis
| Top Losers | Previous Price (KES) | Current
Price (KES) |
Weekly Change | YTD Change % | |
| 1 | Uchumi | 0.2 | 0.17 | -15.00% | -29.17% |
| 2 | NBV | 4.37 | 3.9 | -10.76% | -15.00% |
| 3 | NSE | 8.3 | 7.44 | -10.36% | -20.00% |
| 4 | Kapchorua Tea | 90 | 81 | -10.00% | 19.20% |
| 5 | Express | 3.8 | 3.42 | -10.00% | 33.54% |
Source: NSE and Faida Investment Bank Analysis
| Movers | Previous Price (KES) | Current
Price (KES) |
Turnover (KES Mn) | |
| 1. | Safaricom | 26.2 | 26.6 | 322671300 |
| 2. | EABL | 139.75 | 137.5 | 34636250 |
| 3. | KCB | 38.7 | 38.95 | 24285325 |
| 4. | Centum | 9.82 | 9.48 | 5234856 |
| 5. | StanChart | 123.75 | 124 | 5071600 |
Source: NSE and Faida Investment Bank Analysis