Stanlib Fahari Income – REIT Tops the NSE as Standard Group “eats the grass”

Stanlib Fahari Income – REIT was the top gainer of the day with 7.66 percent at the price of 11.95 shillings per share.

Eveready East Africa was the second gainer of the day with 7.32 percent at the price of 2.20 shillings per share.

Sameer Africa and Flame Tree Group gained 5.45 and 4.65 percent respectively at the price of 2.90 and 4.50 shillings per share respectively.

Longhorn Kenya gained 3.09 percent at the price of 5.00 shillings per share.

Standard Group was the top loser of the day with 9.63 percent at the price of 30.50 shillings per share. Umeme and Uchumi Supermarket lost 9.24 and 8.89 percent at the price of 11.30 and 2.05 shillings per share respectively.

National Bank and Trans-Century lost 5.66 and 5.32 percent at the price of 7.50 and 4.45 shillings per share respectively.

The top mover’s table was dominated by lenders led by Barclays Bank of Kenya, Equity Bank, and the Kenya Commercial Bank.

The top mover of the day was Safaricom Plc who sold 15.32 million shares followed by Barclays Bank of Kenya with 1.53 million shares. Equity Group sold 1.14 million shares.

Kenya Re-Insurance and Kenya Commercial Bank sold 998,700 and 585,400 shares respectively.