Equity Market Commentary
The All Share Index (NASI) Increased by 5.1 % to close the week at 142.33,while as for the NSE 20 dropped, it decreased by 0.6 % w-o-w to close the week at 1,682.49 Elsewhere, Equity turnover increased by 47.1% to KES 3.83 billion, different to the volume traded which decreased by 33.9% to 53.130 million.
Market Indices Performance
| Index | This Week | Previous Week | Weekly Change % | YTD Change % |
| NASI | 142.33 | 135.39 | 5.1% | (14.5%) |
| NSE 20 | 1,682.49 | 1,691.93 | (0.6%) | (11.6%) |
| NSE 25 | 3,213.80 | 3,165.46 | 1.5% | (14.2%) |
Source: NSE
Equities Performance
| Top Gainers | Previous Price (KES) | Current
Price (KES) |
Weekly Change % | YTD Change | |
| 1 | Limuru Tea | 320 | 420 | 31.25% | 1137.11% |
| 2 | Olympia Capital | 2.25 | 2.7 | 20.00% | -34.78% |
| 3 | NBV | 3.41 | 3.84 | 12.61% | -36.63% |
| 4 | Safaricom | 28.2 | 31.45 | 11.52% | 123.05% |
| 5 | Sameer Africa | 3.66 | 4 | 9.29% | 39.86% |
Source: NSE and Faida Investment Bank Analysis
| Top Losers | Previous Price (KES) | Current
Price (KES) |
Weekly Change | YTD Change % | |
| 1 | E.A.Portland | 8.4 | 7.32 | -12.86% | -73.53% |
| 2 | Standard Group | 13.25 | 11.8 | -10.94% | -12.92% |
| 3 | Stanbic Holdings | 99 | 90 | -9.09% | 3.15% |
| 4 | HF Group | 3.73 | 3.45 | -7.51% | -11.54% |
| 5 | Home Afrika | 0.41 | 0.38 | -7.32% | -5.00% |
Source: NSE and Faida Investment Bank Analysis
| Movers | Previous Price (KES) | Current
Price (KES) |
Turnover (KES Mn) | |
| 1. | Safaricom | 24.95 | 28.20 | 639.99 |
| 2. | KCB | 42.40 | 40.45 | 356.00 |
| 3. | NCBA | 24.00 | 24.05 | 104.93 |
| 4. | EQUITY | 46.00 | 44.55 | 90.61 |
| 5. | COOP | 11.50 | 11.05 | 26.49 |
Source: NSE and Faida Investment Bank Analysis