Daily Market Report: 25th March 2015

Kenyan Stock Market

The NSE 20 and NASI Index gained 20.50 points and 0.48 points respectively to close at 5275.10 and 173.05. Eveready was the top gainer of the day, going up by 8.11 to close at KES 4.00. Whilst Car & General declined the most losing 9.90 percent to close the day at KES 45.50.
The number of shares traded today was 25.65mn with a turnover of KES 651.68mn, indicating a decline of 15.42 percent compared to yesterday’s turnover. The top mover was Britam with a turnover of KES 90.21mn, representing 13.84 percent of the day’s total market turnover.
Foreign buys stood at 37.99 percent of total turnover, while foreign sales stood at 26.41 percent of total turnover.

EAC Markets

Uganda: The USE ALSI gained 0.78 percent to close at 2067.02 while USE LSI remained constant closing the day at 325.62. A total of 33,836 shares were traded today. Total turnover came to a close of UGX 8.22mn.

Rwanda: The RSE ALSI and RSE RSI went up by 0.02 percent and 0.12 percent respectively to close the day at 137.33 and 234.63.

Tanzania: The DSEI and DSE TSI gained 0.33 percent and 1.33 percent respectively to close the day at 2699.28 and 4843.17. Tanga Cement Company was the highest gainer of the day rose by 6.13 percent to close at TZS 7,930.00. Africa Barrick Gold declined by 10.21 percent to close the day at TZS 7,120 to be the highest loser of the day. Total volumes were recorded at 196,791 shares as total turnover closed at TZS 218.12mn.

Upcoming Events

• CBK to auction 91-day Treasury bill worth KES 1.0bn on 26th March, 2015.

• CBK to auction 182-day Treasury bill worth KES 3.0bn on 25th March, 2015.

• CBK to auction 364-day Treasury bill worth KES 4.0bn on 25th March, 2015.