Equity Market Commentary
The All Share Index (NASI) decreased by 4.16% w-o-w to close the week at 160.03, similarly the NSE 20 decreased by 1.73% w-o-w to close the week at 1,883.33. Equity turnover increased by 19.23% to KES 2.3 billion and the volume traded also Increased by 31.71% to 71.90 million.Notable price declines included; KPLC (5.9% w/w to KES 1.56) and Britam Holdings (4.9% w/w to KES 6.88). We expect price stability this week.
Market Indices Performance
| Index | This Week | Previous Week | Weekly Change % | YTD Change % |
| NASI | 160.03 | 166.97 | -4.16% | -3.86% |
| NSE 20 | 1,883.33 | 1,916.42 | -1.73% | -1.01% |
| NSE 25 | 3,635.88 | 3,755.89 | -3.20% | -2.89% |
Source: NSE
Equities Performance
| Top Gainers | Previous Price (KES) | Current
Price (KES) |
Weekly Change % | YTD Change | |
| 1. | BOC | 82.00 | 93.25 | 13.72% | 17.1% |
| 2. | Liberty | 6.80 | 7.26 | 6.76% | (2.9%) |
| 3. | TP Serena | 12.20 | 13.00 | 6.56% | (20.0%) |
| 4. | Kakuzi | 392.50 | 415.00 | 5.73% | 1.9% |
| 5. | NMG | 19.45 | 20.00 | 2.83% | 5.4% |
Source: NSE and Faida Investment Bank Analysis
| Top Losers | Previous Price (KES) | Current
Price (KES) |
Weekly Change | YTD Change % | |
| 1. | Unga | 30.00 | 27.30 | (9.00%) | 8.5% |
| 2. | Olympia | 2.09 | 1.92 | (8.13%) | 4.5% |
| 3. | Sameer | 2.67 | 2.46 | (7.87%) | (6.6%) |
| 4. | EA Cables | 1.20 | 1.12 | (6.67%) | 0.0% |
| 5. | Sasini | 21.40 | 20.10 | (6.07%) | 14.4% |
Source: NSE and Faida Investment Bank Analysis