Equity Market Commentary
The All Share Index (NASI) and the NSE 20 decreased by 3.9% and 1.1% w-o-w to close the week at 165.09 and 1889.79 respectively. Equity turnover decreased by 17.8% to KES 1.6 billion and the volume traded also decreased by 13.1% to 45.3 million. Notable price declines included; HF (-7.4% w/w to KES 49.50), Equity (-6.2% w/w to KES 49.50), EABL (-4.1% w/w to KES 158.25) and Britam (-1.3% w/w to KES 7.4). The declines were driven by profit-taking activity. We expect price stability this week.
Market Indices Performance
| Index | This Week | Previous Week | Weekly Change % | YTD Change % |
| NASI | 165.09 | 171.74 | -3.9% | -0.6% |
| NSE 20 | 1,899.79 | 1,920.38 | -1.1% | -0.2% |
| NSE 25 | 3,685.87 | 3,820.04 | -3.6% | -1.6% |
Source: NSE
Equities Performance
| Top Gainers | Previous Price (KES) | Current Price
(KES) |
Weekly Change % | YTD Change | |
| 1. | Car General | 37.05 | 58.00 | 56.6% | 70.8% |
| 2. | Kapchorua Tea | 92.00 | 99.00 | 7.6% | 3.7% |
| 3. | Crown Paint | 30.50 | 32.45 | 6.4% | 6.4% |
| 4. | Eveready | 0.94 | 0.99 | 5.3% | 1.0% |
| 5. | Standard Group | 14.90 | 15.50 | 4.0% | 14.4% |
| Top Losers | Previous Price (KES) | Current Price
(KES) |
Weekly Change | YTD Change % | |
| 1. | Sanlam | 11.55 | 10.50 | (9.1%) | (9.1%) |
| 2. | Kakuzi | 420.00 | 385.00 | (8.3%) | 0.0% |
| 3. | Express | 3.90 | 3.60 | (7.7%) | (12.2%) |
| 4. | Equity | 53.00 | 49.50 | (6.6%) | (6.2%) |
| 5. | Sameer | 2.78 | 2.61 | (6.1%) | (8.7%) |