Carbacid Investments Emerges From the Bottom to Top the NSE on Tuesday

Carbacid Investments was the top gainer of the day at the NSE on Tuesday. The company gained 6.53 percent at the price of 13.05 shillings per share followed by Kenya Re-Insurance with a gain of 5.75 percent at the price of 23.00 shillings per share.

National Bank came in third with 5.26 percent at the price of 7.00 shillings per share. Mumias Sugar Company and Nation Media Group gained 4.35 and 3.27 percent respectively at the price of 1.20 and 79.00 shillings per share respectively.

The image below shows how the top gainers fared on:

Express was the top loser of the day. The company lost 7.58 percent at the price of 3.05 shillings per share.

Uchimi Supermarket and TPS Eastern Africa (Serena) lost 6.06 and 5.00 percent respectively at the price of 3.10 and 19.00 shillings per share respectively.

Sasini Tea and Coffee and Kenya Airways closed the top five losers of the day on Tuesday with 3.85 and 3.67 percent respectively at the price of 17.50 and 5.25 shillings per share respectively.

The image below shows how the top losers of the day fared on:

The table below shows the most traded in shares at the NSE on Tuesday

Summary of Shilling’ Performance

Kenyan Shilling Performance

• Against the US Dollar, the Kenyan Shilling weakened 1.41% year-to-date.
• Against the Sterling Pound, the Kenyan Shilling strengthened 0.04% year-to-date.
• Against the Euro, the Kenyan Shilling weakened 2.83% year-to-date.

Kenyan Stock Market

• Market turnoverat the bourse dropped 328.3% to USD 4.31 MN (KES 447.57 MN) from yesterday’s trading.
• NSE 20 and NASI index declined 0.87% and 0.14% to close at 2,929.68 and 124.09 respectively.