Daily Market Report: 08th April 2015

Kenyan Stock Market

The NSE 20 and NASI index dropped by 17.10 points and 2.24 points respectively to close the day at 5,179.76 and 171.15 respectively. Total Kenya was the top gainer of the day, edging up by 7.22 percent to close at KES 26.00. Standard Group was the top loser of the day, losing 6.99 percent to close the day at KES 33.25.

The number of shares traded today was 36.34mn with a turnover of KES 775.51mn, indicating a decline of 20.79 percent compared to Thursday’s turnover. Safaricom dominated the bourse with a turnover of KES 403mn, representing 51.97percent of the day’s total market turnover.

Foreign buys stood at 51.84 percent of total turnover, while foreign sales stood at 59.23 percent of total turnover.

EAC Markets

Uganda: The USE ALSI declined by 0.38 percent to close at 2,062.89 while USE LSI gained by 1.47 to close at 328.87. Stanbic Bank Uganda was the top gainer of the day surging up by 3.03 percent to close at UGX 34.00 . A total of 7.94mn shares were traded today. Total turnover came to a close of UGX 3.67bn.

Rwanda: The RSE ALSI and RSE RSI declined by 0.03 and 0.12 to close the day at 137.25 and 233.95.

Tanzania: The DSEI went up by 1.84 percent to close the day at 2,668.04 while DSE TSI went down by 0.16 percent to close the day at 4,812.93. The top loser of the day was Swissport Tanzania, declining by 6.72 percent to close the day at TZS 6,110 Total volumes were recorded at 4.96mn shares. Total turnover closed at TZS 2.70bn.

Upcoming Events

• CBK to auction 91-day Treasury bill worth KES 1.0bn on 9th April, 2015.

• CBK to auction 182-day Treasury bill worth KES 3.0bn on 8th April, 2015.

• CBK to auction 364-day Treasury bill worth KES 4.0bn on 8th April, 2015.