Daily Market Report: 17th March 2015

Kenyan Stock Market

The NSE 20 Index lost 28.32 points to close at 5,313.84 while the NASI Index gained by 0.33 points to close at 171.99. E.A Portland gained 10.00 percent on its share price to close at KES 66.00 to become the highest gainer while Sasini went down by 9.57 percent to close at KES 13.70 to be the highest loser in the market.

The total volume of shares traded closed at 26.82mn as total turnover closed at KES 950.10mn depicting an increment of 23.64 percent and 84.21 percent respectively. The top mover was Equity Group with a turnover of KES 241.97mn, representing 25.47 percent of the day’s total market turnover.

Foreign buys closed at 52.70 percent of total turnover while foreign sales closed at 55.80 percent of turnover.

EAC Markets

Uganda: The USE ALSI and USE LSI went down by 0.13 percent to and 0.05 percent respectively to close the day at 2,006.65 and 324.36. A total of 6.08mn shares were traded indicating a decrease of 68.05 percent from yesterdays, 19.04mn shares. Total turnover came to a close of UGX 203.81mn.

Rwanda: The RSE ALSI and RSE RSI remained constant to close at 137.33 and 234.63 respectively. Total number of shares traded 600 representing a turnover of TZS 194,400.

Tanzania: The DSEI went up by 0.03 percent to close at 2,593.53 while DSE TSI fell by 0.09 percent to close the day at 4,751.14. Swala was the highest gainer of the day shoving up by 9.09 percent to close at TZS 600.00. Tanga cement company declined by 6.05 percent to close the day at TZS 4,500 to be the highest loser of the day. Total volumes were recorded at 11.10mn shares as Total turnover closed at TZS 4.56 bn

Upcoming Events

• CBK to auction 91-day Treasury bill worth KES 1.0bn on 19th March, 2015.

• CBK to auction 182-day Treasury bill worth KES 3.0bn on 18th March, 2015.

• CBK to auction 364-day Treasury bill worth KES 4.0bn on 18th March, 2015.