Equity Market Commentary
The All Share Index (NASI) decreased by 3.02% w-o-w to close the week at 150.17, similarly the NSE 20 decreased by 2.86% w-o-w to close the week at 1,800.64. Equally, Equity turnover decreased by 50.16% to KES 0.967 billion, similar to the volume traded which decreased by 51.80% to 30 million. Notable price increases included; Nation Media (4.4% w/w to KES 21.25) and Britam Holdings (2.5% w/w to KES 6.75).
Market Indices Performance
| Index | This Week | Previous Week | Weekly Change % | YTD Change % |
| NASI | 150.17 | 154.85 | -3.02% | -9.54% |
| NSE 20 | 1,800.64 | 1,853.74 | -2.86% | -5.36% |
| NSE 25 | 3,382.77 | 3,528.49 | -4.13% | -9.65% |
Source: NSE
Equities Performance
| Top Gainers | Previous Price (KES) | Current
Price (KES) |
Weekly Change % | YTD Change | |
| 1 | Sameer Africa | 2.45 | 2.8 | 14.29% | -2.10% |
| 2 | Uchumi | 0.17 | 0.19 | 11.76% | -20.83% |
| 3 | B.O.C Kenya | 73.25 | 80.5 | 9.90% | 15.00% |
| 4 | E.A.Portland Cement | 6.32 | 6.94 | 9.81% | 4.20% |
| 5 | Kapchorua Tea | 90.25 | 99 | 9.70% | 3.66% |
Source: NSE and Faida Investment Bank Analysis
| Top Losers | Previous Price (KES) | Current
Price (KES) |
Weekly Change | YTD Change % | |
| 1 | Absa Bank | 12.6 | 9.98 | -20.79% | -15.78% |
| 2 | Car General | 35.7 | 30 | -15.97% | -11.63% |
| 3 | KCB Group | 43 | 37.45 | -12.91% | -17.60% |
| 4 | Stan Chart | 145 | 128.5 | -11.38% | 0.19% |
| 5 | BAT | 488 | 433.75 | -11.12% | -1.76% |
Source: NSE and Faida Investment Bank Analysis
| Movers | Previous Price (KES) | Current
Price (KES) |
Turnover (KES Mn) | |
| 1. | Safaricom | 34.20 | 34.20 | 370.19 |
| 2. | Equity | 49.75 | 47.90 | 290.56 |
| 3. | Stan Chart | 145.0 | 128.50 | 79.83 |
| 4. | KCB | 43.00 | 37.45 | 45.53 |
| 5. | Stanbic | 100.0 | 105.25 | 41.35 |
Source: NSE and Faida Investment Bank Analysis