Equities Market Commentary
The All Share Index (NASI) and the NSE 20 decreased by 2.2% and 0.9% w-o-w to close the week at 161.04 and 1875.33 respectively. Equity turnover increased by 69.14% to KES 2.62 billion and the volume traded increased by 26.27% to 62.01 million. Notable price declines included; Kenya Power (-4.7% w/w to KES 1.56), Nation Media Group (-4.2% w/w to KES 18.50) and Centum (-2.0% w/w to KES 14.10). We expect price stability this week and increased market participation.
Market Indices Performance
| Index | This Week | Previous Week | Weekly Change % | YTD Change % |
| NASI | 161.04 | 164.66 | -2.2% | -0.6% |
| NSE 20 | 1875.33 | 1892.54 | -0.9% | -0.2% |
| NSE 25 | 3639.37 | 3,695.95 | -1.53% | -1.6% |
Source: NSE
Equities Performance
| Top Gainers | Previous Price (KES) | Current
Price (KES) |
Weekly Change % | YTD Change | |
| 1. | Crown Paint | 32.50 | 36.25 | 11.54% | 18.9% |
| 2. | Home Afrika | 0.36 | 0.39 | 8.33% | (2.5%) |
| 3. | Flame Tree | 1.23 | 1.31 | 6.50% | 4.0% |
| 4. | BOC Kenya | 73.00 | 77.00 | 5.48% | 10.0% |
| 5. | Stanbic | 87.25 | 92.00 | 5.44% | 5.4% |
Source: NSE
| Top Losers | Previous Price (KES) | Current
Price (KES) |
Weekly Change | YTD Change % | |
| 1. | Car General | 68.50 | 54.00 | (21.17%) | 59.1% |
| 2. | Sanlam | 10.55 | 9.70 | (8.06%) | (16.0%) |
| 3. | EaaGads | 13.80 | 13.15 | (4.71%) | (2.6%) |
| 4. | Britam | 7.30 | 7.02 | (3.84%) | (6.4%) |
| 5. | Nse | 8.30 | 8.00 | (3.61%) | (0.0%) |
Source: NSE