CFC Stanbic declines by 7.14 percent to emerge top loser

Kenyan Stock Market

The NSE 20 and NASI index declined by 26.16 points and 0.02 points respectively to close at 4,790.50 and 164.23. Standard Group rose by 9.77 percent to close at KES 36.50 to become today’s top gainers. CFC Stanbic emerged the top loser, declining by 7.14 percent to close the day at KES 104.00.

The volume of shares traded shoved up by 82.14 percent to close at 34.35mn. Total turnover rose by 68.58 percent to close at KES 1,304.67mn. Equity Group was the largest mover of the day with a turnover of KES 296.23mn representing 22.71 percent of total market turnover.

Foreign buys stood at 75.74 percent of total turnover, while foreign sales stood at 68.66 percent of total turnover.

EAC Markets

Uganda: The USE ALSI rose by 0.36 percent to close at 1,895.26 while USE LSI remained constant to close at 324.33. A total of 6.37mn shares were traded today. Total turnover came to a close
of UGX 2.93bn.

Rwanda: The RSE ALSI and RSE RSI declined by 1.08 and 0.21 to close at 221.35 and 135.77 respectively. Total number of shares traded today was 10,700 shares. Total turnover come to a close of RWF3.02mn.

Tanzania: The DSEI and DSE TSI increased by 2.21 percent and 0.15 percent to close at 2,778.66 and 4,696.07. Africa Barrick Gold was the top gainer of the day, gaining 3.63 percent to close at TZS 9,410.00.Tanga Cement Company was the top loser declining by 0.26 percent to close at TZS 3,810.00. Total volumes were recorded at 1.39mn shares. Total turnover closed at TZS 18.89bn.

Upcoming Events

• CBK to auction 91-day Treasury bill worth KES 1.0bn on 4th June,2015.

• CBK to auction 182-day Treasury bill worth KES 3.0bn on 3rd June,2015.

• CBK to auction 364-day Treasury bill worth KES 4.0bn on 3rd June,2015