Daily Market Report: 19th March 2015

Kenyan Stock Market

The NSE 20 Index and NASI index gained 4.19 points and 0.87 points respectively to close at 5346.56 and 173.50. Standard Group went up by 9.46 percent today to close at KES 40.50, Crown Berger declined 9.92 percent to close at KES 118.00 today.

The day’s volume of shares traded closed at 32.10mn and turnover closed at KES 1.45bn, an increment of 119.80 percent on yesterday’s turnover. The top mover was KCB Bank with a turnover of KES 467.20mn, representing 32.27 percent of the day’s total market turnover.

Foreign buys stood at 69.75 percent of total turnover, while foreign sales stood at 70.73 percent of total turnover.

EAC Markets

Uganda: The USE ALSI went up by 0.30 percent to close at 2017.31 while USE LSI remained stagnant to close the day at 324.29. A total of 10.74mn shares were traded today. Total turnover came to a close of UGX 355.57mn.

Rwanda: The RSE ALSI and RSE RSI remained constant to close at 137.33 and 234.63 respectively.

Tanzania: The DSEI went up by 1.36 percent to close the day at 2,649.65 while DSE TSI declined by 0.40 percent to close the day at 4,749.73. Africa Barrick Gold was the highest gainer of the day shoving up by 5.18 percent to close at TZS 6,500.00. CRDB declined by 4.76 percent to close the day at TZS 400 to be the highest loser of the day. Total volumes were recorded at 125,191shares as Total turnover closed at TZS 575.56mn

Upcoming Events

• CBK to auction 91-day Treasury bill worth KES 1.0bn on 26th March, 2015.

• CBK to auction 182-day Treasury bill worth KES 3.0bn on 25th March, 2015.

• CBK to auction 364-day Treasury bill worth KES 4.0bn on 25th March, 2015.