LAST WEEK AT NAIROBI SECURITIES EXCHANGE

At the Nairobi Securities Exchange last week ended Friday July 27, 2018, the All share index grew by marginal 0.06% to close at 172.47 compared to 172.37 the previous week close.

The growth rate could have been higher if the last 2 trading days of the week had not resulted in drops in the index particularly, Friday that was clearly bearish as 22 price drops  and only 7 gains had been recorded.

The day had witnessed outstanding Ksh 19 per share or 3.16% growth by British American Tobacco supported by Ksh 2 or 6,50% rise  per share rise in Total Kenya but the duo's price gains though remarkable, the crowded scene of price drops did not allow for push upwards for the ASI.

In the end, peak ASI for the week was Wednesday's 173.23 reached by a leap from 172.38 reached on Tuesday after Monday had started the week with slight increase on previous week's closing level.

Traded volume  for the week dropped to 56m shares from previous week's 65.3m shares and traded value eased to Ksh1.7bn from Ksh 1.9bn.

Again, the peak trade occurred on Wednesday as 14.916m shares were traded for Ksh453.31m followed by Monday's 10.649m shares exchanged for Ksh424.392m'

As usual, Safaricom dominated both volume and value with deals for exchange of 15.5m shares within the week valued at Ksh 448m followed by Equity Group with 7.4m shares sold at bwteen 47.50 and 48.25 per share worth Ksh373m within the week.

ALL SHARE INDEX

Friday 27/7/2018            172.47
Thursday                       172.66
Wednesday                    173.23
Tuesday                        172.38
Monday                          172.43
Friday  20/7/2018             172.37

TRADED VOLUME m

Friday                        10.16
Thursday                    10.081
Wednesday                 14.916
Tuesday                      10.194
Monday                        10.649
Friday 20/7/2018          8,816

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