Uchumi Beats the Odds to Emerge as Top Gainer at the NSE on Friday

Uchumi Supermarket emerged as the top gainer of the day at the Nairobi Securities Exchange during the session on Friday.

The retailer who plunged into further losses after the announcement of the 2017 Financial Year results, gained 10.00 percent at the price of 3.30 shillings per share.

The second top gainer was Kakuzi with 9.86 percent at the price of 390.00 shillings per share.

Eveready East Africa came in as the third gainer of the day with 7.50 percent at the price of 2.15 shillings per share.

National Bank (which was the top gainer on Thursday) and HF Group came in as fourth and fifth gainers of the day with 6.51 and 4.78 percent at the price of 32.00 and 3.30 shillings per share respectively.

The top loser of the day was Stanlib Fahari Income-REIT with 9.63 percent at the price of 9.85 shillings per share.

Flame Tree Group and British American Tobacco lost 9.09 and 8.97 percent at the price of 4.00 and 700.00 shillings per share respectively.

Standard Group and Olympia Capital, on the other hand, lost 3.03 and 2.94 percent at the price of 32.00 and 3.30 shillings per share respectively.

ARM Cement was the top mover of the day. The cement manufacturer sold 16.09 million shares followed by Safaricom PLC with 6.13 million shares.

Equity Group, Kenya Commercial Bank, and Uchumi Supermarket sold 2.32 million, 988,900 and 913,000 shares respectively.