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The market remains quiet.
The market recouped its previous days losses on the back of improved foreign demand (Foreign buys accounted for 66.1% of trades). The main movers of the day included KCB (+0.8%, KES62.50), EABL (+0.3%, KES321) and Safaricom (+0.6%, KES17.40). Equity Bank shed 0.5% despite positive Q1-15 results (10.7% increase in net profits). Other notable losers included Centum (-0.8%, KES63.50) and Uchumi (-3.8%, KES10.10).
The index recovered well to end the week in the green. Total turnover was mainly geared towards SBM - accounted for 61.7% of total turnover. The counter traded a total of 31m shares to close unchanged at Rs0.94 on the back of sustained investor demand whilst MCBG closed up 0.5% at Rs201.25 after trading a paltry 5k shares.
The market recovered well after three straight days of losses. The Banking index closed up by 1.12% due to gains in GTB (+1.59%, N28.75), UBA (+3.52%, N5.29) and Zenith Bank (+1.20%, N21.15). The Consumer index also recouped its previous losses, gaining 2.00% on the back of gains in Guinness (+3.66%, N170) and NB (+3.86%, N157.01). A string of companies released Q1-15 results; among them were ETI, Dangote Cement, Lafarge and Transcorp.
Please note that the index figure above is correct at the time of writing.
Most counters closed the day unchanged. Top movers included Delta (unch, 105c), Econet (unch, 49c), Innscor (unch, 59c) and Old Mutual (unch, 251c).
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
11.94 |
-3.17 |
Nigeria |
NGN |
199.00 |
-7.81 |
Kenya |
KES |
94.65 |
-4.28 |
Mauritius |
MUR |
35.25 |
-9.93 |
Botswana |
BWP |
9.75 |
-2.43 |
Tanzania |
TZS |
2015.00 |
-14.00 |
Uganda |
UGX |
3008.00 |
-7.88 |
Rwanda |
RWF |
689.24 |
+0.08 |
Ghana |
GHS |
3.87 |
-16.97 |
BRVM |
XOF |
589.85 |
-8.11 |
Egypt |
EGP |
7.62 |
-6.19 |
Morocco |
MAD |
9.73 |
-6.19 |
Tunisia |
TND |
1.92 |
-2.72 |