Equity Market Commentary
The All Share Index (NASI) and the NSE 20 decreased by 0.3% and 0.4% w-o-w to close the week at 164.66 and 1892.54 respectively. Equity turnover decreased by 1.5% to KES 1.55 billion and the volume traded increased by 8.5% to 49.1 million. Notable price declines included; Transcentury (-10.29% w/w to KES 1.22), Flame Tree (-6.1% w/w to KES 1.22), Home Afrika (-5.3% w/w to KES 0.36) and Kenya Power (-4.7% w/w to KES 1.61). We expect price stability this week.
Market Indices Performance
Index | This Week | Previous Week | Weekly Change % | YTD Change % |
NASI | 164.66 | 165.09 | -0.3% | -0.6% |
NSE 20 | 1892.54 | 1,899.79 | -0.4% | -0.2% |
NSE 25 | 3,695.95 | 3,685.87 | 0.3% | -1.6% |
Equities Performance
Top Gainers | Previous Price (KES) | Current
Price (KES) |
Weekly Change % | YTD Change | |
1. | Car General | 58.00 | 68.50 | 18.10% | 101.8% |
2. | Express | 3.60 | 4.07 | 13.06% | -0.7% |
3. | NBV | 4.65 | 5.16 | 10.97% | -14.9% |
4. | Kakuzi | 385.00 | 419.00 | 8.83% | 8.8% |
5. | Olympia | 1.80 | 1.89 | 5.00% | -5.5% |
Top Losers | Previous Price (KES) | Current
Price (KES) |
Weekly Change | YTD Change % | |
1. | Transcentury | 1.36 | 1.22 | (10.29%) | 4.3% |
2. | Flame Tree | 1.31 | 1.23 | (6.11%) | (2.4%) |
3. | Home Afrika | 0.38 | 0.36 | (5.26%) | (10.0%) |
4. | Fahari I-REIT | 6.50 | 6.18 | (4.92%) | (1.3%) |
5. | Kenya Power | 1.69 | 1.61 | (4.73%) | (8.0%) |
Source: NSE