Equity Market Commentary
The All Share Index (NASI) decreased by 5.7 % to close the week at 137.91; similarly, the NSE 20, also decreased, decreasing by 1.7 % w-o-w to close the week at 1,749.16. Elsewhere, Equity turnover decreased by 29.3% to KES 0.76 billion, similar to the volume traded which decreased by 25.1% to 29.6 million.
Market Indices Performance
| Index | This Week | Previous Week | Weekly Change % | YTD Change % |
| NASI | 137.91 | 146.32 | (5.7%) | (17.2%) |
| NSE 20 | 1,749.16 | 1,779.19 | (1.7%) | (8.1%) |
| NSE 25 | 3,266.62 | 3,382.52 | (3.4%) | (12.7%) |
Source: NSE
Equities Performance
| Top Gainers | Previous Price (KES) | Current
Price (KES) |
Weekly Change % | YTD Change | |
| 1 | Olympia | 2.1 | 2.6 | 23.81% | -37.20% |
| 2 | B.O.C Kenya | 71.25 | 84.75 | 18.95% | 21.07% |
| 3 | NCBA | 25.8 | 28.55 | 10.66% | 13.29% |
| 4 | BK Group | 29.3 | 32.15 | 9.73% | 10.86% |
| 5 | Unga Group | 29 | 31.8 | 9.66% | 377.48% |
Source: NSE and Faida Investment Bank Analysis
| Top Losers | Previous Price (KES) | Current
Price (KES) |
Weekly Change | YTD Change % | |
| 1 | Uchumi | 0.27 | 0.24 | -11.11% | 0.00% |
| 2 | Safaricom | 31.25 | 28.05 | -10.24% | 98.94% |
| 3 | Eaagads | 13.8 | 12.5 | -9.42% | -7.41% |
| 4 | Car & General | 43 | 39.5 | -8.14% | -58.64% |
| 5 | Bamburi Cement | 38.2 | 35.15 | -7.98% | -7.50% |
Source: NSE and Faida Investment Bank Analysis
| Movers | Previous Price (KES) | Current
Price (KES) |
Turnover (KES Mn) | |
| 1. | Safaricom | 31.25 | 28.05 | 454.65 |
| 2. | Equity | 48 | 49.2 | 119 |
| 3. | EABL | 153.75 | 153 | 42.81 |
| 4. | KCB | 43.25 | 40.95 | 35.04 |
| 5. | Stanchart | 138.25 | 136 | 18.57 |
Source: NSE and Faida Investment Bank Analysis