SEPT 29 2018: LAST WEEK AT NAIROBI STOCK MARKET

Last week ended Friday September 28, 2018 was an all round positive one for Nairobi Securities Exchange as all major indicators closed up.

The All share index closed Friday at 149.67 up 3.18 points or 2.19% on the previous week's close, traded volume had grown by 22.2% to 126.718m shares triggering 50.7% hike in traded value to Ksh4.134bn compared to previous week's Ksh 2.743bn.

Even number of deals struck grew too by 1.13% to 6978 from 6268 and traded value at the bond market rose to Ksh 11bn from Ksh 10bn previously.

The All share index had started the week on Monday at 149.35, up strongly on previous Friday's 145.49 then eased slightly to 149.05 and rallied the next 2 days to 150.60 by Thursday 

Traded volume and value also hit all week peak on Monday with 41.899m shares traded for Ksh 1.175bn followed in volume terms by Thursday's 25.02m shares worth Ksh 729.821m and in value terms, Wednesday's Ksh 967.133m realised from exchange of 23.058m shares.

Investors interest as reflected by number of deals struck was highest too on Monday as 1500 deals were sealed followed by 1498 on Thursday and 1393 on Friday.

Many equities recorded price movements within the week but more in number headed downwards.

Top all week decline was Williamson Tea's cumulative Ksh 34 per share decline after going down each day except on Friday. It shed Ksh 15 per share on Monday as bears had tea party, then lost Ksh 13 per share on Wednesday and Ksh 3 on Tuesday and Thursday.

British American Tobacco ended the week down Ksh 20 per share which it witnessed on Friday after closing firm through the earlier days of the week.

This was almost like for Limuru Tea which shed Ksh 10 per share during Monday's bears tea party and did not recover or lose more.

Not to be left out, Kapchorua Tea closed Ksh 8 per share down at end of the week but this was the cumulative effect of shedding Ksh 4 per on Monday, Ksh 3 and Ksk 1 per share on Thursday and Friday respectively.

Of the price gainers, the Ksh 9 per share by I&M Holdings as it held on to that gain on Wednesday after Thursday's Ksh1 per share gain and Monday's Ksh 5 per share were cancelled by equivalent movements the following days.

Jubilee Holdings finally closed Ksh 6 per share after leaping by Ksh 7 per share on Tuesday adding Ksh 3 per share more on Wednesday before shedding Ksh 3 per share on Thursday and by Ksh 1 more on Friday.

Of the top gainers, the most active daily was obviously East African Breweries as it closed the week up Ksh 5 per share after rising all day to Thursday only to go down Ksh 5 per share on Friday.

ALL SHARE INDEX

Friday 28/9/2018.           149.67
Thursday.                          150.60
Wednesday.                      150.10
Tuesday.                            149.05
Monday.                             149.35
Friday 21/9/2018.            145.49

TRADED VOLUME M

Friday 28/9/2018.            18.106
Thursday.                           25.020
Wednesday.                       23.058
Tuesday.                            18.635
Monday.                             41.899

TRADED VALUE Kshm

Friday 28/9/2018.           644.685
Thursday.                          729.821
Wednesday.                      967.133
Tuesday.                            617.787
Monday.                           1175.262

DEALS

Friday 28/9/2018.           1393
Thursday.                          1498
Wednesday.                      1321
Tuesday.                            1266
Monday.                             1500



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