Atlas Development Emerges Top Loser of the Day

Kenyan Stock Market

NSE 20 and NASI index declined 54.09 points and 0.84 points respectively to close at 3,954.54 and 144.77. Eaagads gained 8.89 percent to close at KES 24.50. Atlas Development declined 7.89 percent to stand at KES 1.75, becoming today’s top loser.

The volume of shares traded today was 29.20mn, valued at KES 889.48mn, a 35.60 percent increase from Friday’s turnover. Equity Group was the largest mover of the day with a turnover of KES 546.73mn representing 61.47 percent of the total market turnover.

Foreign buys stood at 26.17 percent of total turnover, while foreign sales stood at 23.40 percent of total turnover.

EAC Markets

Uganda: The USE ALSI declined 0.43 percent to close at 17489.12 while USE LSI remained constant to close at 406.58. A total of 21,451 shares were traded today. Total turnover came to a close of UGX 5.09mn.

Rwanda: The USE RSI and RSE ALSI remained constant to close at 146.99 and 130.62.

Tanzania: The DSEI gained 0.41 percent to close at 2,303.28 while DSE TSI shaved off 0.13 percent to end the day at 4,502.85. Africa Barrick Gold gained 8.23 percent to close at TZS 5,390.00, while CRDB Bank dropped 1.23 percent to close at TZS 400.00. Total volumes were recorded at 81,231 shares. Total turnover closed at
TZS 41.51mn.

Upcoming Events

• CBK to auction 91-day Treasury bill worth KES 4.0bn on 23rd Dec,2015.

• CBK to auction 182-day Treasury bill worth KES 6.0bn on 23rd Dec,2015.

• CBK to auction 364-day Treasury bill worth KES 6.0bn on 23rd Dec,2015.