DEC 10, 2018: LAST WEEK AT NAIROBI SECURITIES EXCHANGE

After 4 out of 5 days of continuous decline, last week the All share index dropped by 2.03 points or 1.39% to 144.05 when compared to previous week's 146.08.

The ASI had begun the week and month with a promising rise to 146.52 from 146.08 even if marginal but that turned out to be the peak for the week.

It dropped every from then on till the end particularly on Friday when it crashed the most down 1.60 points as Ksh 60 per share decline by British American Tobacco led the pressure down.

The BAT decline on Friday was its lone price shift through the week and ended up pacing all week price drops.

On the same Friday, BOC Kenya declined by Ksh 5 per share as first shift also within the week thus trailing BAT's double digit lone ranging on the top 5 price drops scale.

Other major all week price drops were Williamson Tea's Ksh 4.50 per share which cumulated from 3 price shifts within the week, all down; I & M Holdings' Ksh 4 per share drop also from 3 price shifts, one of which was a gain and Ksh 3.25 per share decline by the trio of Bamburi Cement, Sanlam ltd and Jubilee Holdings.

On the other hand, top gain for the week was Ksh 7.25 per share by NIC Group in the banking sector. NIC had price shift every day of the week up and down but the deciding shift was Ksh 7.35 per share on Friday 

It was followed by Diamond Trust Bank up Ksh 2 per share. DTB closed rather strongly on Friday (up Ksh 4.50 per share) on top of Wednesday's Ksh 2.75 gain but alas it had shed Ksh 5.75 per share earlier on Monday.

Trading was on the low side through the week with Friday being the lone exception during which 18.703m shares were traded in 1103 deals valued at Ksh 526.189m.

In every other day, traded volume was below 10m shares; trades value below Ksh 300m and number of deals below 1000 except Thursday's 1073.

In all, there were 5032 deals within the week through which 53m shares were traded for Ksh 1.459bn.

As usual top traded was Safaricom with 25.4m shares exchanged for Ksh 591.9m followed on both tables by KCB Group with 6.6m shares valued at Ksh 264m and Equity Group 4.7m shares worth Ksh 187.8m.

ALL SHARE INDEX

Friday 7/12/2018.     144.05
Thursday.                    145.65
Wednesday.                146.46
Tuesday.                      146.49
Monday                        146.52
Friday 30/11/2018.    146.08

TRADED VOLUME m

Friday 7/12/2018.       18.703
Thursday.                       8.439
Wednesday.                   7.508
Tuesday.                        9.021
Monday.                         9.329

TRADED VALUE Kshm

Friday 7/12/2018.      526.189
Thursday.                     192.111
Wednesday.                 233.536
Tuesday.                      229.249
Monday                        278.627

DEALS

Friday 7/12/2018.       1103
Thursday.                      1073
Wednesday.                    973
Tuesday.                          994
Monday                            889


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