Equity Market Commentary
The All Share Index (NASI) Increased by 0.55% w-o-w to close the week at 167.94, while the NSE 20 decreased by 0.20% w-o-w to close the week at 1,897.34. Equity turnover decreased by 16.70% to KES 2.6 billion and the volume traded also decreased by 21.08% to 65.04 million. Notable price decreases included; NSE (4.3% w/w to KES 7.98) and Standard Group (3.2% w/w to KES 15.00). We expect price stability this week and increased activity within the market.
Market Indices Performance
| Index | This Week | Previous Week | Weekly Change % | YTD Change % |
| NASI | 167.94 | 167.02 | 0.55% | 1.17% |
| NSE 20 | 1,897.34 | 1,901.18 | -0.20% | -0.27% |
| NSE 25 | 3,758.51 | 3,757.61 | 0.02% | 0.39% |
Source: NSE
Equities Performance
| Top Gainers | Previous Price (KES) | Current
Price (KES) |
Weekly Change % | YTD Change | |
| 1. | Sanlam | 9.74 | 11.00 | 12.94% | (4.8%) |
| 2. | Unga | 30.25 | 33.10 | 9.42% | 19.7% |
| 3. | Stanbic | 87.25 | 94.00 | 7.74% | 7.7% |
| 4. | Car General | 57.00 | 61.00 | 7.02% | 79.7% |
| 5. | Sasini | 21.00 | 22.30 | 6.19% | 19.3% |
Source: NSE
| Top Losers | Previous Price (KES) | Current
Price (KES) |
Weekly Change | YTD Change % | |
| 1. | TP Serena | 15.35 | 13.50 | (12.05%) | (11.5%) |
| 2. | Olympia | 2.10 | 1.91 | (9.05%) | (4.5%) |
| 3. | Flame Tree | 1.38 | 1.30 | (5.80%) | 3.2% |
| 4. | Carbacid | 10.95 | 10.35 | (5.48%) | (5.9%) |
| 5. | Eveready | 1.00 | 0.96 | (4.00%) | (2.0%) |
Source: NSE
| Movers | Previous Price (KES) | Current
Price (KES) |
Turnover (KES Mn) | |
| 1. | Safaricom | 38.00 | 38.50 | 1,508.27 |
| 2. | Equity | 53.00 | 53.25 | 599.64 |
| 3. | EABL | 163.25 | 160.00 | 185.21 |
| 4. | KCB | 47.00 | 45.30 | 139.77 |
| 5. | BAT | 450.75 | 445.00 | 63.21 |
Source: NSE