Equity Market Commentary
The All Share Index (NASI) increased by 0.77% w-o-w to close the week at 157.28, similarly the NSE 20 increased by 0.36% w-o-w to close the week at 1,850.89. Equity turnover decreased by 42.75% to KES 1.12 billion, as did the volume traded which decreased by 25.82% to 42.44 million. Notable price increases included; Kenya Power (8.7% w/w to KES 1.50) and NCBA Group holdings (3.7% w/w to KES 26.85).
Market Indices Performance
| Index | This Week | Previous Week | Weekly Change % | YTD Change % |
| NASI | 157.28 | 156.08 | 0.77% | -5.25% |
| NSE 20 | 1,850.89 | 1,844.27 | 0.36% | -2.72% |
| NSE 25 | 3,565.64 | 3,551.89 | 0.39% | -4.76% |
Source: NSE
Equities Performance
| Top Gainers | Previous Price (KES) | Current
Price (KES) |
Weekly Change % | YTD Change | |
| 1. | Olympia | 2.00 | 2.25 | 12.50% | 12.5% |
| 2. | Fahari – I -REIT | 5.90 | 6.50 | 10.17% | 3.8% |
| 3. | Kenya Power | 1.38 | 1.50 | 8.70% | (14.3%) |
| 4. | EA Cables | 1.02 | 1.09 | 6.86% | (9.2%) |
| 5. | Longhorn | 3.41 | 3.60 | 5.57% | (10.0%) |
Source: NSE and Faida Investment Bank Analysis
| Top Losers | Previous Price (KES) | Current
Price (KES) |
Weekly Change | YTD Change % | |
| 1. | Car General | 67.00 | 56.00 | (16.42%) | 64.9% |
| 2. | Uchumi | 0.19 | 0.17 | (10.53%) | (29.2%) |
| 3. | Total | 24.85 | 23.00 | (7.44%) | (8.0%) |
| 4. | BOC Kenya | 80.00 | 75.00 | (6.25%) | 7.1% |
| 5. | Sameer | 2.45 | 2.30 | (6.12%) | (19.6%) |
Source: NSE and Faida Investment Bank Analysis
| Movers | Previous Price (KES) | Current
Price (KES) |
Turnover (KES MN) | |
| 1. | Safaricom | 34.50 | 35.00 | 529.94 |
| 2. | Equity | 49.15 | 49.30 | 228.11 |
| 3. | KCB | 44.00 | 43.00 | 98.23 |
| 4. | EABL | 150.75 | 150.00 | 84.74 |
| 5. | Bank of Kigali | 29.55 | 30.00 | 46.49 |
Source: NSE and Faida Investment Bank Analysis