Market saw a slowdown in activity with volumes dipping 73.36% to 13.07Mn shares. Day’s value stood at KES 315.93Mn from KES 794.94Mn driven by a low foreign participation which was at 64.63%.
NSE Crossed the 3000 mark posting 3009.19 points, after gaining 25.99 points from last trade day. The index was up 1.27% w/w while it gained 103.88 points to close 3.58% higher month on month basis. NSE 25 Share Index was up 0.83% while NASI climbed 0.43% higher from 125.39 to 125.99 points. Banking sector performance helped market capitalization regain KES 7.89Bn to KES 1,825.55Bn.
Stanbic Holdings witnessed a day of high foreign inflows on the eve of releasing FY-2016 result. The counter moved 0.85Mn shares at a flat price of KES 67.00. The inflow was due to expected good results with investors hoping to lock in income revenue due the high payout policy the lender has.
BAT saw its value dip 0.77% to KES 902.00 from KES 909.00 with a marginal 9,400 shares exchanging. The sector saw EABL trade 0.27Mn shares at an improved price of KES 225.00 from KES 224.00. Mumias Sugar was the highest sector mover with 0.37Mn shares at KES 1.05, 5.00% higher compared to KES 1.00.
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