Equity Market Commentary
The All Share Index (NASI) decreased by 2.71% w-o-w to close the week at 156.08, similarly the NSE 20 decreased by 0.91% w-o-w to close the week at 1,844.27. Equally, Equity turnover decreased by 16.03% to KES 2.00 billion, in contrast to the volume traded which increased by 1.19% to 57.21 million. Notable price decreases included; Equity Group Holdings (4.6% w/w to KES 49.15) and Britam Holdings plc (2.3% w/w to KES 6.68).
Market Indices Performance
| Index | This Week | Previous Week | Weekly Change % | YTD Change % |
| NASI | 156.08 | 160.43 | -2.71% | -5.98% |
| NSE 20 | 1,844.27 | 1,861.25 | -0.91% | -3.06% |
| NSE 25 | 3,551.89 | 3,634.42 | -2.27% | -5.13% |
Source: NSE
Equities Performance
| Top Gainers | Previous Price (KES) | Current
Price (KES) |
Weekly Change % | YTD Change | |
| 1. | Umeme | 6.58 | 7.38 | 12.16% | 9.5% |
| 2. | CIC Insurance | 2.01 | 2.21 | 9.95% | 0.0% |
| 3. | Standard Group | 12.10 | 13.40 | 9.84% | (1.1%) |
| 4. | Transcentury | 1.10 | 1.17 | 6.36% | 0.0% |
| 5. | Home Afrika | 0.34 | 0.36 | 5.88% | (10.0%) |
Source: NSE and Faida Investment Bank Analysis
| Top Losers | Previous Price (KES) | Current
Price (KES) |
Weekly Change | YTD Change % | |
| 1. | EA Cables | 1.18 | 1.02 | (13.56%) | (15.0%) |
| 2. | Kenya Power | 1.53 | 1.38 | (9.80%) | (21.1%) |
| 3. | Uchumi | 0.21 | 0.19 | (9.52%) | (20.8%) |
| 4. | Liberty | 6.26 | 5.70 | (8.95%) | (18.6%) |
| 5. | Olympia | 2.12 | 2.00 | (5.66%) | 0.0% |
Source: NSE and Faida Investment Bank Analysis
| Movers | Previous Price (KES) | Current
Price (KES) |
Turnover (KES Mn) | |
| 1. | Safaricom | 34.50 | 34.50 | 1,025.10 |
| 2. | KCB | 44.60 | 44.00 | 379.62 |
| 3. | Stanbic | 139.75 | 104.75 | 269.56 |
| 4. | Equity | 52.00 | 49.15 | 90.13 |
| 5. | EABL | 149.50 | 150.75 | 46.04 |
Source: NSE and Faida Investment Bank Analysis