Equity Market Commentary
The All Share Index (NASI) decreased by 5.1% w-o-w to close the week at 132.52, similarly the NSE 20 decreased by 3.8% w-o-w to close the week at 1680.53 Equally, Equity turnover increased by 17.7% to KES 2.72 billion, similar to the volume traded which increased by 11.8% to 79.46 million.
Market Indices Performance
| Index | This Week | Previous Week | Weekly Change % | YTD Change % |
| NASI | 132.52 | 139.65 | (5.1%) | (20.4%) |
| NSE 20 | 1,680.53 | 1,747.22 | (3.8%) | (11.7%) |
| NSE 25 | 3,087.10 | 3,199.50 | (3.5%) | (17.5%) |
Source: NSE
Equities Performance
| Top Gainers | Previous Price (KES) | Current
Price (KES) |
Weekly Change % | YTD Change | |
| 1 | Limuru Tea | 320 | 352 | 10.00% | 10.00% |
| 2 | Car & General | 32 | 34.1 | 6.56% | 0.44% |
| 3 | Kapchorua Tea | 90 | 95.5 | 6.11% | 0.00% |
| 4 | Unga Group | 28.5 | 30 | 5.26% | 8.50% |
| 5 | E.A.Portland Cement | 6.94 | 7.24 | 4.32% | 8.71% |
Source: NSE and Faida Investment Bank Analysis
| Top Losers | Previous Price (KES) | Current
Price (KES) |
Weekly Change | YTD Change % | |
| 1 | NBV | 3.66 | 2.97 | -18.85% | -50.99% |
| 2 | Trans-Century | 1.18 | 1.01 | -14.41% | -13.68% |
| 3 | Centum | 11.6 | 10.05 | -13.36% | -28.72% |
| 4 | WPP | 3.59 | 3.13 | -12.81% | -24.40% |
| 5 | Olympia Capital | 2.28 | 2 | -12.28% | 0.00% |
Source: NSE and Faida Investment Bank Analysis
| Movers | Previous Price (KES) | Current
Price (KES) |
Turnover (KES Mn) | |
| 1. | Equity | 45.50 | 44.70 | 83.05 |
| 2. | Safaricom | 30.20 | 27.80 | 72.17 |
| 3. | KCB | 35.75 | 35.30 | 49.38 |
| 4. | EABL | 141.50 | 142.75 | 46.41 |
| 5. | Stan Chart | 124.75 | 124.00 | 6.26 |
Source: NSE and Faida Investment Bank Analysis