Kakuzi Emerges Day’s Top Loser

Kenyan Stock Market

NSE 20 declined by 21.6 points to close at 3,884.13 while NASI index gained 0.08 points to close at 138.07. Equity Group rose 9.15 percent to at KES 44.75. Kakuzi shrank by 9.09 percent to close the day at KES 300.00 becoming today’s top loser.

The volume of shares traded today was 93.41mn. Total turnover jumped 268.88 percent to close the day at KES 3,626.56mn. Equity Group was the largest mover of the day with a turnover of KES 3,275.48mn representing 90.32 percent of the total market turnover.

Foreign buys stood at 8.48 percent of total turnover, while foreign sales stood at 9.29 percent of total turnover. Local Investors traded a block of 73M equity shares at a price 45.00.Barclays bank traded a block of 4M shares at a price 12.70 with foreign investors purchasing the stock.

EAC Markets

Uganda: The USE ALSI and USE LSI dropped 3.90 percent and 0.35 percent respectively to close at 1,791.57 and 369.74. A total of 5,856 shares were traded today. Total turnover came to a close of
UGX 3.76mn.

Rwanda: The USE RSI and RSE ALSI remained constant to close at 171.92 and 133.72. Total turnover came in at RWF 24.96mn with 41,983 shares traded.

Tanzania: The DSEI and DSE TSI went up 1.40 percent and 0.05 percent respectively to close at 2,424.92 and 4,580.33. African Barrick Gold jumped 8.76 percent to stand at TZS 7,200.00 emerging as today’s top gainer. Total volumes were recorded at 41,983 shares. Total turnover closed at TZS 24.96mn.

Upcoming Events

• CBK to auction 91-day Treasury bill worth KES 4.0bn on 5th Nov, 2015.

• CBK to auction 182-day Treasury bill worth KES 4.0bn on 4th Nov, 2015.

• CBK to auction 364-day Treasury bill worth KES 4.0bn on 4th Nov, 2015.