JULY 20, 2017: ALL SHARES INDEX STILL GOING AT NAIROBI SE

Today July 20, 2017 at the Nairobi securities exchange the All shares index continued to inch little by little nearer year high closing up by 0.08% to 154.31.

It had hit the 154 range a few trading day ago after a long while of undulating movement around 153. At this rate, though it may be while before it reaches the high of 155 plus.

That was about the day's cheerie news at the equities market as traded volume dropped by 28.8% to 22.8m, traded value declined by 13.3% to Kes 589.38m and number of deals reduced by 17.2% to 1083.

The main deals of the day were done in the banking sector with value traded there came to Kes 390m or 66.3% of total.

KCB group paced the market and sector as deals for 6.82m shares were traded in it at between 38.5 and 40 Kes worth Kes 272m.

In supporting roles, Stanbic Holdings recorded deals for 515,600 shares worth Kes 41m as it closed firm at 80 Kes, NIC bank ,down 25 cents at 34 Kes per share recorded deals for 868,900 units worth 29.5m Kes ,Cooperative bank witnessed deals for 1.8m shares and Barclay's had deals for 1.66m units.

Two other equities recorded deals for above 1m units: In the energy and petroleum sector Kenya Power and Lighting recorded deals for 4.7m shares at between 8.10 and 8.30 Kes per share worth 38.6m Kes while CIC Insurance, up 2.22% to 4.60 Kes per share worth Kes 5m.

The bond market recovered slightly to 1.5bn Kes traded value from yesterday's low 770m Kes.


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